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<br />Councilmember Musgrove introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #23-108 <br /> <br />RESOLUTION APPROVING REVISED DEVELOPMENT AGREEMENTS FOR <br />RIVERSTONE SOUTH SECOND AND THIRD ADDITIONS <br /> <br /> WHEREAS, Riverstone Development LLC, hereafter referred to as “Developer”, properly <br />applied for Final Plat approval of the following described properties located in the City of Ramsey: <br /> <br /> Riverstone South Second Addition, Anoka County, Minnesota <br /> <br />- and - <br /> <br />Riverstone South Third Addition, Anoka County, Minnesota <br /> <br /> (the ‘Subject Properties); and <br /> <br />WHEREAS, the City Council reviewed the Final Plat and Development Agreement of <br />Riverstone South Second Addition on December 13, 2022; and <br /> <br />WHEREAS, the City Council reviewed the Final Plat and Development Agreement of <br />Riverstone South Third Addition on May 9, 2023; and <br /> <br />WHEREAS, the Developer has requested an amendment to the approved Development <br />Agreements to correct typographical errors and establish a method to request reductions to their Letter <br />of Credit as improvements are completed. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That the Ramsey City Council hereby approves the amendment to the Development Agreements <br />for Riverstone South Second and Third Additions. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Woestehoff, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br /> Mayor Kuzma <br /> Councilmember Musgrove <br /> Councilmember Woestehoff <br /> Councilmember Howell <br /> Councilmember Riley <br /> Councilmember Specht <br /> <br />and the following voted against the same: <br /> <br /> None <br /> <br />