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CC Regular Session <br />Meeting Date: <br />07/22/2025 <br />Primary Strategic Plan Initiative: Promote economic growth and development. <br />5. 5. <br />Title: <br />Adopt Resolution #25-157, Approving a Development Agreement for Bunker Lake Crossing <br />Purpose/Background: <br />On June loth, 2025, the City Council approved the Preliminary Plat and Final Plat for Bunker Lake Crossing. <br />Since that date, the Applicant has supplied engineering cost estimates for the utilities and shared private roadway <br />to Staff as part of drafting the Development Agreement. The Development Agreement is standard in its form. <br />Notification: <br />No notificiation is needed for this action. <br />Funding Source: <br />All costs associated with this request are the Applicant's responsibility. <br />Recommendation: <br />Staff recommends approval of the Development Agreement. <br />Outcome/Action: <br />Motion to adopt Resolution #25-157, Approving a Development Agreement for Bunker Lake Crossing. <br />Resolution #25-157 Development Agreement <br />Development Agreement <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Brian Hagen 07/17/2025 02:41 PM <br />Form Started By: Adam Martin Started On: 06/30/2025 02:18 PM <br />Final Approval Date: 07/17/2025 <br />