HomeMy WebLinkAboutCity Council Resolution 1998-375RESOLUTION NO. 98 - 375
REIMBURSING DEVELOPER FOR REQUIRED
TRAIL CONSTRUCTION
LAKE POINT DISTRIBUTION CENTER (96045)
WHEREAS, the City of Plymouth and United Properties have entered into a Site Improvement
Performance Agreement (SIPA) dated July 2, 1997 for the development of Lake Point
Distribution Center (96045); and
WHEREAS, as part of this development, the developer was required to constrict a trail in the
Parkers Lake Corporate Center 8th Addition in order to conform with the City of Plymouth's
overall Trail Plan; and
WHEREAS, the developer installed the required trail along the northerly property line of Lot 1,
Block 1, Parkers Lake Corporate Center 8th Addition; and
WHEREAS; it is the policy of the City of Plymouth to reimburse developers for a portion of
required the trail constriction as provided for in the development contract and/or SIPA; and
WHEREAS, this amounts to $7,336.50, based on the actual constriction costs.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PLYMOUTH, MINNESOTA: that the trail constricted in Parkers Lake Corporate Center 8th
Addition be accepted for continual maintenance as of June 24, 1998.
BE IT FURTHER RESOLVED that the developer, United Properties, is to be reimbursed by the
City of Plymouth in the amount of $7,336.50 for the required trail constriction based on the
alignment and the approved constriction plans.
BE IT FURTHER RESOLVED that the fiinds be allocated from the City and Community Parks
Fund.
Adopted by the City Council on June 24, 1998.
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 , 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
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