Resolution - #20-199 - 09/22/2020

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Councilmember Riley introduced the following resolution and moved for its adoption: RESOLUTION #20-199 RESOLUTION APPROVING RELEASE OF CERTAIN TERMS OF THE DEVELOPMENT CONTRACT FOR RUM RIVER PRAIRE SUBDIVISON. WHEREAS, the City of Ramsey, herein referred to as the “City,” has approved a development contract for the residential development generally known as Rum River Prairie and legally described in Exhibit A (the “Subject Property”); and WHEREAS, the Subject Property is hereby released from the terms and conditions, listed in Exhibit B Section 3 of the Development Contract. The remainder of the Development Contract shall survive this Termination and Release of Certain Terms of the Development Contract, of that certain Development Contract for Rum River Prairie Subdivision dated June 12, 2018, filed June 15, 2018 as Document No. 2201861.004; and WHEREAS, the City will now be developing the trail associated with the Plat and the City will be purchasing the trail construction plans from the Developer at a cost of $5,000.00 and the City will not be providing any credit to development fees that would have been provided as a result of the trail construction. NOW THEREFORE, BE IT RESOLVED BY THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That the City, subject to City Attorney review, approves: a. Release from the terms and conditions listed under Exhibit B, item 3 of the Development Contract for Rum River Prairie Subdivision dated June 12, 2018, as Anoka County Document Number No. 2201861.004. That the motion for the adoption of the foregoing resolution was duly seconded by Councilmember Kuzma, and upon vote being taken thereon, the following voted in favor: Mayor LeTourneau Councilmember Riley Councilmember Kuzma Councilmember Menth Councilmember Musgrove Councilmember Specht and the following voted against the same: None