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HomeMy WebLinkAboutCity Council Resolution 2015-079 CP ITY OF LYMOUTH RN.2015-079 ESOLUTION O RAARD ESOLUTION PPROVING AND UTHORIZING A ELEASE OF EVELOPMENT CLCC(2013111F) ONTRACT FOR A OT IN OPPER REEK WHEREAS, Scherber Investment LP, a Minnesota Limited Partnership, fee owner of the subject property wishes to sell the property for development not associated with the Copper Creek subdivision; and WHEREAS, the property is legally described as Lot 20, Block 1, Copper Creek, Hennepin County, Minnesota; and WHEREAS, the City Council required the development contract for Copper Creek to originally be recorded against the lot as it was created by the subdivision and utility improvements were proposed to cross the subject property; and WHEREAS, the City Council accepted the utilities for the two-year maintenance period on December 9, 2014 reflecting the completed work in the development; and WHEREAS, the City of Plymouth retains easements over the utilities and financial guarantees for the utilities in the event that any necessary repairs are required to be completed on the utilities; and WHEREAS, property owners’ legal counsel has prepared a Release of Development Contract. NOW, THEREFORE BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should and hereby does approve the request for the Release of Development Contract. FURTHER, that the Mayor and City Manager be authorized to execute the Release of Development Contract on behalf of the City. APPROVED by the City Council on this 24th day of March, 2015. STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on January 10, 2006, with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the City this ___________ day of ___________________, _____. ________________________________ City Clerk