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HomeMy WebLinkAboutCity Council Resolution 2017-330 C ITY OF P LYMOUTH R ESOLUTION N O. 2017-330 R ESOLUTION A PPROVING S ETTLEMENT A GREEMENT AND R ELEASE WHEREAS, the City and the Cornilles entered into a Purchaser Agreement dated April 12, 2017 (“Purchase Agreement”) for the City’s conveyance to the Cornilles of real property located at 3035 Weston Lane, Plymouth, Minnesota, 55447 (“Property”); and WHEREAS, following the closing of the Purchase Agreement and during the site preparation and grading phase of construction, the contractor discovered that the water connection stubs were located under the asphalt in the cul-de-sac which would increase the cost to connect to utilities by an additional amount of $5,587.00 in order to comply with City Code requirements; and WHEREAS, the location of the water stub was inconsistent with the information provided by the City to the Cornilles prior to the execution of the Purchase Agreement; and WHEREAS, the Cornilles have requested that the City increase the payment for the extension of the water service to the Property based on the actual location of the water stub. WHEREAS, the City and the Cornilles desire settle any disputes related to the conveyance of the Property under the terms of the Purchase Agreement pursuant to the terms of the Settlement Agreement and Release attached hereto as Exhibit A (“Settlement Agreement”) NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the attached Settlement Agreement and Release is approved. APPROVED by the City Council on this 24th day of October, 2017. 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 October 24, 2017 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