Resolution - #22-070 - 03/22/2022

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Councilmember Riley introduced the following resolution and moved for its adoption: RESOLUTION#22-070 RESOLUTION APPROVING AN AMENDMENT TO THE DEVELOPMENT AGREEMENT FOR NORTHSTAR STATION MARKETPLACE LLC RECITALS 1. Northstar Station Marketplace LLC, hereinafter referred to as the "Permittee" has properly applied for Site Plan approval for a new, multi-tenant retail building on the property generally known as 7912 Sunwood Dr NW and legally described as follows: LOT 2, BLOCK 1 COR TWO NORTHSTAR, Anoka County, Minnesota ("Subject Property") 2. That the Permittee is the fee owner of the Subject Property. 3. That the Permittee appeared before the Planning Commission for a public hearing for a variance to the build-to standard on January 27, 2022 and that said public hearing was properly advertised and that the minutes of said public hearing are hereby incorporated by reference. 4. That the Subject Property is zoned COR, which is a mixed-use zoning designation and guided as such in the 2040 Comprehensive Plan. 5. That per the City's COR Design Guidelines, any trash enclosure that is not designed internal to the building, as is proposed with this project, must be specifically approved by the City. 6. That the Planning Commission reviewed the Site Plan on January 271h, 2022, and recommended approval. 7. That the City Council reviewed and approved the Site Plan and Development Agreement on February 22, 2022. 8. That the Permittee contacted the City on March 11, 2022 requesting an amendment to the Development Agreement relating to the timing for completion of required improvements due to ongoing concerns with material shortages and supply line delays. 9. That the City Council reviewed the amendment to the Development Agreement on March 22, 2022.