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RES 14-61CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO. 2014-61 RESOLUTION APPROVING AGREEMENT BETWEEN THE CITY OF OTSEGO AND KCS BUILDING COMPANY REGARDING ASSESSMENT OF UTILITY CONNECTION CHARGES WHEREAS, KCS Building Company has recently received City approval for an expansion of Kaleidoscope Charter School; and WHEREAS, the expansion requires the payment of $168,039.80 in sanitary sewer and water utility connection charges which are due at the time a building permit is issued; and WHEREAS, KCS Building Company has, by letter, requested that the City Council allow these utility connection charges to be assessed against the property; and WHEREAS, the City has presented to KCS the attached Agreement regarding assessment of the above mentioned utility connection charges; and WHEREAS, the Agreement sets forth the terms and conditions of the assessment against the property and remedies available to City in the event of failure to make payments as they become due, and other items. NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Otsego, Wright County, Minnesota as follows; The attached Agreement between the City of Otsego and KCS Building Company Regarding Payment And Assessment Of City Utility Connection Charges is hereby approved. 2. The Mayor and City Clerk are hereby authorized to execute the Agreement on behalf of the City of Otsego. ADOPTED this 22nd day of September, 2014 by the City Council of Otsego. MOTION TO ADOPT the Resolution by Council Member Darkenwald and seconded by Council Member Warehime IN FAVOR: Stockamp, Darkenwald, Warehime, Schroeder OPPOSED: None CITY OF OTSEGO Gl. Je ica Stockamp, Mayor Tami Loff, City Clerk 2