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CC Regular Session <br />Meeting Date: 11/10/2015 <br />Submitted For: Patrick Brama, Administrative Services <br />By: Patrick Brama, Administrative Services <br />4. 6. <br />Information <br />Title <br />Adopt Resolution 15 11 274 Authorizing the Execution of Certificate of Completion in Relation to Development <br />Agreement with Martin Land Management LLC <br />Purpose/Background: <br />This case is a housekeeping item. Per the attached development agreement, the City is required to execute a <br />certificate of completion upon the "completion" of minimum site improvements (which are called out in the original <br />development agreement). Commonly, this request comes to the City when property is being transferred (as the title <br />work shows this item is outstanding). This case has been reviewed by our Community Development Department, <br />the minimum improvements have been completed, and staff recommends moving forward with executing the <br />attached certificate and resolution. <br />The subject property is the is located just south of Bunker Lake Boulevard off Azurite Street (14040). <br />NOTE: the business that occupied this site (MMI or Martin EDM) was purchased by Sil-Pro, a Delano based <br />manufacturing company. Sil-Pro plans on consolidating their various businesses into one facility (in Delano). As a <br />result, MMI will be leaving Ramsey. This property will go up for sale in the coming months. <br />Notification: <br />NA <br />Observations/Alternatives: <br />NA <br />Funding Source: <br />NA <br />Recommendation: <br />NA <br />Action: <br />Motion to: <br />Adopt Resolution 15 11 274 Authorizing the Execution of Certificate of Completion in Relation to Development <br />Agreement with Martin Land Management LLC <br />Attachments <br />15 11 274 Authorizing Certificate of Completion <br />Cert of Completion <br />Original Development Agreement <br />