Loading...
92-27CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO. 92- 7 RESOLUTION APPROVING THE PLAT OF ANTELOPE PARR WHEREAS, Developers Marckus Investment Group, Inc. and Mark Woolston have proposed a plat to be know as Antelope Park; and WHEREAS, a preliminary plat and final plat have been presented for review, have been reviewed and recommendations for approval have been made by the City Attorney, the City Engineer, and City Planner subject to certain conditions; and WHEREAS, The Developers have substantially complied with applicable City Ordinances regarding subdivisions and have submitted the required data for review; and WHEREAS, The Developers and fee owners will execute a Developers' Agreement which contains provisions relating to most of those concerns regarding the plat; and WHEREAS, The City Council has reviewed the plat, Developer's Agreement, and additional information received. THEREFORE, LET IT BE RESOLVED that the City of Otsego hereby approves the Final Plat of Country Ridge contingent upon the following: 1. Developers' Agreement is fully executed by Developers and fee owners. 2. All fees and escrow amounts required by the Developers' Agreement, and administrative and legal fees incurred to date are fully paid. 3. Irrevocable Letter of Credit in the amount contained in the Developer's Agreement, and in form acceptable to the City, is provided to the City. 4. Installation of Montering well to City Specifications. 5. M Passed this 8th day of June, 1992. 0- Oelz� NORMAN FRESKE, MAYOR CITY OF OTSEGO