RES 19-68CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 2019-68
RESOLUTION APPROVING DEVELOPERS AGREEMENT- PARRISH
MEADOWS —PHASE 1
WHEREAS, Henry Hansen Enterprise intends to construct residential property
platted as PARKVIEW RETAIL- PHASE l; and
WHEREAS, the approved work on the Plat requires construction of some public
improvements and payment of City costs and fees; 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 Henry
Hansen Enterprise is hereby approved, subject to staff approved additions
and changes.
2. The Mayor and City Clerk are hereby authorized to execute the Developers
Agreement on behalf of the City of Otsego.
ADOPTED this 12th day of November, 2019 by the City Council of Otsego.
MOTION TO ADOPT the Resolution by Council Member Darkenwald
and seconded by Council Member Tanner
IN FAVOR: Stockamp, Darkenwald, Tanner, Warehime
OPPOSED: None
CITY OF OTSEGO
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Tami Loff, City Clerk
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