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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #26-208 <br />RESOLUTION DECLARING THE AMSTERDAM EXTENSION SECOND ADDITION <br />DEVELOPMENT AGREEMENT SATISFIED AND AUTHORIZING RELEASE FROM <br />PROPERTY <br />WHEREAS, Oppidan Incorporated, hereafter referred to as "Permittee", requested a release from <br />the development agreement associated with the following described property located in the City of Ramsey: <br />Lots 1-3, Block 1 and Outlot A, AMSTERDAM EXTENSION SECOND ADDITION, <br />Anoka County, Minnesota <br />(the `Subject Property'); and <br />WHEREAS, the Subject Property is encumbered, in whole or in part, by the following <br />development agreement (the "Development Agreement") for a past project: <br />"City of Ramsey Development Agreement for OPPIDAN" recorded as Document Number <br />2362834.006 on April 21, 2022; and <br />WHEREAS, the City is declaring the Development Agreement satisfied with respect to the Subject <br />Property described above; and <br />WHEREAS, the Development Agreement will remain on the title affected property; and <br />WHEREAS, the City Council reviewed the request to release this Development Agreement from <br />the Subject Property on September 8, 2026. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, <br />ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br />The Development Agreement referenced above is deemed satisfied on the Subject Property and may be <br />released from the Subject Property described above. <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />, and upon vote being taken thereon, the following voted in favor thereof: <br />and the following voted against the same: <br />and the following abstained: <br />and the following were absent: <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this 8th day <br />of September, 2026. <br />Mayor <br />