HomeMy WebLinkAbout07-133 Premiere Dance TIF
EXTRACT OF MINUTES OF MEETING
OF THE CITY COUNCIL OF THE
CITY OF PRIOR LAKE, MINNESOTA
HELD: July 16, 2007
Pursuant to due call and notice thereof, a meeting of the City Council of the City of Prior
Lake, Scott County, Minnesota, was duly called and held at the City Hall in said City on
Monday, the 16th day of July, 2007, at 6:00 o'clock p.m.
The following members were present: Mayor Jack Haugen, Councilors Warren Erickson,
Ken Hedberg, Chad LeMair and Steve Millar.
and the following were absent: none
Member Hedberg introduced the following resolution and moved its adoption:
RESOLUTION 07-133 AUTHORIZING
EXECUTION OF A DEVELOPMENT AGREEMENT BY AND BETWEEN
THE CITY OF PRIOR LAKE AND PREMIERE DANCE ACADEMY, LLC
A. WHEREAS, Premiere Dance Academy, LLP (the "Developer") has requested that
the City of Prior Lake, Minnesota (the "City") assist with the financing of certain costs in
connection with the demolition/removal of an existing house and the construction of an
approximately 10,000 square foot commercial facility to be used as a dance studio to be
constructed by the Developer in the City (the "Project").
B. WHEREAS, the Developer and the City have determined to enter into a
Development Agreement providing for the City's assistance for the Project (the "Development
Agreement").
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Prior Lake,
Minnesota, as follows:
1. The City Council hereby approves the Development Agreement in substantially
the form submitted, and the Mayor and Manager are hereby authorized and directed to execute
the Development Agreement on behalf of the City.
2. The approval hereby given to the Development Agreement includes approval of
such additional details therein as may be necessary and appropriate and such modifications
thereof, deletions therefrom and additions thereto as may be necessary and appropriate and
approved by the City officials authorized by this resolution to execute the Agreement. The
execution of the Agreement by the appropriate officer or officers of the City shall be conclusive
evidence of the approval of the Agreement in accordance with the terms hereof.
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The motion for adoption of the foregoing resolution was duly seconded by member
Erickson and, after full discussion thereof, and upon a vote being taken thereof, the following
voted in favor thereof: Mayor Jack Haugen, Councilors Warren Erickson, Ken Hedberg and
Steve Millar.
and the following abstained from voting: Councilor Chad LeMair
and the following voted against same: none.
Adopted this 16th day of July, 2007.
MaW ~cf'-
Attest: ru &:/-
City M ge .
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STATE OF MINNESOTA
COUNTY OF SCOTT
CITY OF PRIOR LAKE
I, the undersigned, being the duly qualified and appointed Manager of the City of Prior
Lake, Minnesota, DO HEREBY CERTIFY that I have carefully compared the attached and
foregoing extract of minutes with the original minutes of a meeting of the City Council of the
City held on the date therein indicated, which are on file and of record in my office, and the same
is a full, true and complete transcript therefrom insofar as the same relates to a Resolution
Authorizing Execution of a Development Agreement.
WITNESS my hand as such Manager of the City Council of the City of Prior Lake,
Minnesota this 20th day of July, 2007.
Cio/M~J+-
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