RES 17-64CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 2017-64
RESOLUTION APPROVING DEVELOPERS AGREEMENT- GUARDIAN
ANGELS RIVERVIEW LANDING
WHEREAS, Riverview Landing, Inc. (Developer) intends to construct a senior
housing facility on LOT 1, BLOCK 1 of GUARDIAN ANGELS RIVERVIEW
LANDING; and
WHEREAS, the approved work on the Plat requires construction of some public
improvements, payment of City costs and fees and conveyance of certain Outlots;
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;
The attached Developers Agreement between the City of Otsego and
Riverview Landing, Inc. 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 24th day of July, 2017 by the City Council of Otsego.
MOTION TO ADOPT the Resolution by Council Member Darkenwald and
seconded by Council Member Warehime.
IN FAVOR: Heidner, Darkenwald, Warehime, Tanner
OPPOSED: None
CITY OF OTSEGO
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Vern Heidner, Acting Mayor
Tami Loff, City Clerk
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