RES 18-56CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 2018-56
RESOLUTION APPROVING DEVELOPERS AGREEMENT- PLEASANT
CREEK FARMS 6' ADDITION
WHEREAS, Pleasant Creek Farms LLC has an approved Plat known as
PLEASANT CREEK FARMS 6TH ADDITION; and
WHEREAS, the approved Plat requires construction of public improvements,
payment of City costs and fees and escrow and security; and
WHEREAS, those obligations are contained and memorialized in the attached
Developers Agreement; and
WHEREAS, the Developers Agreement also sets forth the security required to
assure satisfactory construction of public improvements and establishes the
various remedies available to the City in the event that Developer breaches the
terms and conditions of the Agreement.
NOW, THEREFORE BE IT RESOLVED by the City Council of the City of
Otsego, Wright County, Minnesota as follows;
1. The attached Developers Agreement between the City of Otsego and
Pleasant Creek Farms LLC is hereby approved in form, subject to
modification of fees, charges and security as approved by City staff.
2. The Mayor and City Clerk are hereby authorized to execute the final
Developers Agreement on behalf of the City of Otsego.
ADOPTED this 10th day of September, 2018 by the City Council of Otsego.
MOTION TO ADOPT the Resolution by Council Member Warehime
and seconded by Council Member gel riper
IN FAVOR: Stockamp, Heidner, Warehime, Tanner
OPPOSED: None
CITY OF OTSEGO
C
ldesOicatockamp, Mayor
Tami Loff, City Clerk
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