RES 20-56CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2020-56
APPROVING A DEVELOPMENT AGREEMENT FOR
HUNTER HILLS
WHEREAS, Otsego Land Investments, LLC (the "developer") is proposing development of Hunter Hills; and
WHEREAS, a final plat for the development was approved on 1 September 2020 by the City Council; 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 and
private 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.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA THAT:
1. The Development Agreement attached hereto between the City of Otsego and Tamarack Land
Development, LLC 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 Otsego City Council this 1St day of September, 2020.
MOTION BY: Warehime
SECOND BY: Tanner
ALL IN FAVOR: Warehime, Tanner, Stockamp, Goede
THOSE OPPOSED: None
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CITY OF OTSEGO
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ATTEST:
Tami M. Loff, City Clerk