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CC Regular Session 5. 15. <br />Meeting Date: 03/23/2021 <br />By: Chloe McGuire Brigl, Community <br />Development <br />Information <br />Title: <br />Adopt Resolution #21-070 Approving the Development Agreement for Ramsey Villas North <br />Purpose/Background: <br />The purpose of this case is to review a request from Rivers Bend Holdings, LLC (the "Developer") for the City <br />Council to approve the Development Agreement for Ramsey Villas North, a three lot residential subdivision off <br />Xkimo St and Highway 47. The City Council previously approved the final plat contingent upon approval of the <br />Development Agreement, which is a standard contingency. The draft Development Agreement (attached) is the <br />City's standard Development Agreement template, which has been reviewed and approved by the City Attorney. <br />Notification: <br />No notification required. <br />Observations/Alternatives: <br />Alternative 1: Adopt Resolution #21-070 approving the Development Agreement. This will allow the project to <br />move forward as planned. Since there are no proposed changes to the City's standard Development Agreement <br />template, Staff recommends approval of the Resolution. <br />Alternative 2: Do not adopt Resolution #21-070. Staff is not supportive of this alternative, as this is a standard step <br />in any development project and allows the City to hold the Developer responsible for the development. <br />Funding Source: <br />The Applicant is responsible for all costs associated with review. <br />Recommendation: <br />Staff recommends adoption of Resolution #21-070. <br />Action: <br />Motion to adopt Resolution #21-070 approving the Development Agreement for Ramsey Villas North. <br />Final Plat <br />Development Agreement <br />Resolution #21-070 <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Tim Gladhill Tim Gladhill 03/17/2021 11:24 AM <br />Kurt Ulrich Kurt Ulrich 03/18/2021 02:20 PM <br />Form Started By: Chloe McGuire Brigl Started On: 03/11/2021 09:33 AM <br />