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HomeMy WebLinkAbout05(D) - Resolution Approving an Extension to the Recording Deadline for the Residence at Crest Woods City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 CITY COUNCIL AGENDA REPORT ITEM: 5D MEETING DATE: June 09, 2026 PREPARED BY: Paul Moretto, Planner PRESENTED BY: Casey McCabe, Community Development Director AGENDA ITEM: Resolution Approving an Extension to the Recording Deadline for the Residences at Crest Woods RECOMMENDED ACTION: Approval of a resolution approving an extension of the recording deadline. BACKGROUND: On December 9, 2025 the City Council approved a Planned Unit Development (PUD), Development Agreement and Final Plat for a development known as The Residences at Crest Woods. The Final Plat consists of one developable lot for an existing residence (Lot 1, Block 1, Residences of Crest Woods), right-of-way for 138th Street and Outlots that will be reserved for future residential development (Outlots A and B). The subject property is located in the northeast corner of the CSAH 42 and CSAH 18 intersection (PIDs 259240025 and 259240023). The original deadline for recording the Final Plat and Development Agreement was March 9, 2026. The applicant applied for and received a 90-day extension to the recording deadline on March 10, 2026. The applicant requested another extension to secure financing for the project on June 9, 2026 which was granted by the City Council. The current recording deadline is September 7, 2026. The developer is requesting a third extension to the deadline to record the Final Plat and Development Agreement to December 31, 2026. Current Circumstances The developer has requested an extension to the recording deadline to work with their financial institution and city staff to resolve outstanding issues. Prior Lake City Code Subsection 9.33 (Recording Final Plat And Development Agreement) states, if the final plat and development agreement are approved by the City Council, the subdivider shall record both documents with the County Recorder or Registrar within ninety (90) days after said approval. The final plat shall be considered void if not recorded within the ninety (90) days provided for herein unless a request for a time extension is submitted in writing prior to the expiration of the ninety (90) day period and approved by the City Council. FINANCIAL IMPACT: No financial impact is anticipated as a result of this action. ALTERNATIVES: 1. Motion and second, as part of the consent agenda, approving a resolution for the extension to the final plat and development agreement recording deadline for Residences at Crest Woods. 2. Remove this item from the consent agenda for additional discussion. ATTACHMENTS: 1. Resolution 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 26-___ A RESOLUTION APPROVING AN EXTENSION TO THE FINAL PLAT AND DEVELOPMENT AGREEMENT RECORDING DEADLINE FOR THE RESIDENCES AT CREST WOODS Motion By: Second By: WHEREAS, WHEREAS, WHEREAS, WHEREAS, on December 9, 2025 the Prior Lake City Council approved a Planned Unit Development (PUD), Development Agreement and Final Plat for The Residences at Crest Woods; and on March 9, 2026 the Prior Lake City Council approved a 90-day extension to the Final Plat and Development Agreement recording deadline; and on June 9, 2026 the Prior Lake City Council approved a 90-day extension to the Final Plat and Development Agreement recording deadline; and the developer has requested additional time to record the plat and Development Agremment. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA AS FOLLOWS: 1. The final plat and all pertinent documents must be filed with Scott County by December 31, 2026. Failure to record the documents by December 31, 2026 will render the final plat null and void. Passed and adopted by the Prior Lake City Council this 8th day of September 2026. VOTE Briggs Braid Churchill Lake Hellier Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ __________________________ Jason Wedel, City Manager