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CC Regular Session <br />Meeting Date: 09/08/2026 <br />Primary Strategic Plan Initiative: Not Applicable <br />5. 14. <br />Title: <br />Adopt Resolution #26-208 Declaring Development Agreement Satisfied and Authorizing Release from Property <br />— Amsterdam Extension Second Addition (8227, 8297, and 8367 Bunker Lake Boulevard NW) <br />Purpose/Background: <br />The City has been contacted by Oppidan Incorporated (the "Permittee"), who developed the parcels (8227, 8297, <br />and 8367 Bunker Lake Boulevard and Outlot A; the "Subject Property") within the plat known as AMSTERDAM <br />EXTENSION SECOND ADDITION, with a request to be released from the development agreement. It is not <br />uncommon for a Permittee to request their release from a development agreement, upon verification by the City <br />of Ramsey that all required improvements were constructed per the approved plans. Assuming the City Council <br />adopts Resolution #26-208, the Permittee would be responsible for recording the resolution with the Anoka <br />County Recorder's Office, officially releasing the Subject Property from the development agreement. <br />City Staff have verified that all requirements and conditions of the development agreement have been satisfied. <br />Notification: <br />Notification is not required. <br />Funding Source: <br />This request is being handled as part of Staffs normal duties. However, recording costs are the responsibility of <br />the Permittee. <br />Recommendation: <br />Staff recommends adopting Resolution #26-208, granting the release from the development agreement. <br />Outcome/Action: <br />Motion to adopt Resolution #26-208 declaring the AMSTERDAM EXTENSION SECOND ADDITION <br />Development Agreement satisfied and authorizing release from Property. <br />Site Location Map <br />Recorded Development Agreement <br />Resolution #26-208 <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Brian Hagen 09/03/2026 01:02 PM <br />Form Started By: Chris Anderson Started On: 09/02/2026 08:40 AM <br />Final Approval Date: 09/03/2026 <br />