RES 20-32CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2020-32
APPROVING AN ADDENDUM TO THE ARBOR CREEK 3RD ADDITION
DEVELOPMENT AGREEMENT FOR PHASE 7
WHEREAS, Centra Homes, Inc. (the "developer") is requesting approval of an addendum to the Developers
Agreement for a portion of that already approved Plat of ARBOR CREEK 3RD ADDITION designated as Phase
7; and
WHEREAS, the approved Plat and already platted areas requires construction of public improvements and
payment of City incurred expenses and fees; and
WHEREAS, Section 10-10-4.A of the Subdivision Ordinance requires the developer to enter into a
development agreement to provide the City construction and warranty securities for the public
improvements and to provide the City various remedies in the event that the developer breaches the
terms and conditions of said agreement; and
WHEREAS, those obligations are outlined and memorialized in the attached Development Agreement
Addendum.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA THAT:
1. The Addendum to the Development Agreement for ARBOR CREEK 3RD ADDITION attached hereto
between the City of Otsego and Centra Homes, Inc. is hereby approved in form subject to
modification of fees, charges, and securities as approved by City staff.
2. The Mayor and City Clerk are hereby authorized to execute the Development Agreement on behalf
of the City of Otsego.
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ADOPTED by the City Council of the City of Otsego this 8th day of June, 2020.
MOTION BY: Darkenwald
SECONDED BY: Warehime
IN FAVOR: Stockamp, Darkenwald, Warehime, Tanner, Goede
OPPOSED: None
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CITY OF OTSEGO
ATTEST:
Tami M. Loff, City Clerk