HomeMy WebLinkAboutCity Council Resolution 2017-050
EXTRACT OF MINUTES OF MEETING
OF THE CITY COUNCIL OF THE
CITY OF PLYMOUTH, MINNESOTA
HELD: January 24, 2017
Pursuant to due call and notice thereof, a meeting of the City Council of the City of Plymouth,
Hennepin County, Minnesota, was duly called and held at the City Hall in said City on Tuesday, the 24th
day of January, 2017, at 7:00 p.m.
The following members were present: Mayor Slavik, Councilmembers Johnson, Prom, Willis,
Carroll, Wosje, and Davis
and the following were absent: None
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION NO. 2017-050
RESOLUTION APPROVING
DEVELOPMENT AGREEMENT
A. WHEREAS, Rock Hill Management, LLC, a Minnesota limited liability company (the
"Developer") has requested that the City of Plymouth, Minnesota (the "City") assist with the financing of
certain costs in connection with the construction of an approximately 61,000 square feet of
retail/commercial space and approximately 20,000 square feet of office space (the "Project").
B. WHEREAS, the Developer and the City have determined to enter into a Development
Agreement providing for the City's assistance in connection with the Project (the "Agreement").
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Plymouth, Minnesota, as
follows:
1. The City Council hereby approves the Agreement in substantially the form submitted, and
the City is hereby authorized to execute the Agreement.
2. The approval hereby given to the Agreement includes approval of such additional details
therein as may be necessary and appropriate and such modifications thereof, deletions therefrom and
additions thereto as may be necessary and appropriate and approved by the City officials authorized by a
resolution of the City to execute the Agreement. The execution of the Agreement shall be conclusive
evidence of the approval of the Agreement in accordance with the terms hereof.
The motion for adoption of the foregoing resolution was duly seconded by member Prom and,
after full discussion thereof, and upon a vote being taken thereof, the following voted in favor thereof:
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and the following voted against same:
ADOPTED by the City Council on this 24th day of January, 2017.
STATE OF MINNESOTA
COUNTY OF HENNEPIN
CITY OF PLYMOUTH
I, the undersigned, being the duly qualified and acting Clerk of the City of Plymouth, Minnesota,
DO HEREBY CERTIFY that I have carefully compared the attached and foregoing extract of minutes with
the original minutes of a meeting of the City Council of the City held on the date therein indicated, which
are on file and of record in my office, and the same is a full, true and complete transcript therefrom insofar
as the same relates to a Resolution Approving a Development Agreement.
WITNESS my hand as such Clerk of the City Council of the City of Plymouth, Minnesota this _____
day of ____________________, _____.
_____________________________
City Clerk
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