Resolution - #19-120 - 05/28/2019

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Councilmember Heinrich introduced the following resolution and moved for its adoption: RESOLUTION #19-120 RESOLUTION GRANTING FINAL PLAT APPROVAL AND DEVELOPMENT AGREEMENT FOR RIVERSTONE 3`'d ADDITION AND A ONE YEAR EXTENSION FOR RIVERSTONE PRELIMINARY PLAT. WHEREAS, Riverstone Development LLC, hereafter referred to as "Developer", properly applied for Final Plat approval of the following described property located in the City of Ramsey: Outlot A, Riverstone Addition 2nd (the `Subject Property'); WHEREAS, the City has also received a request to extend by one year the previously approved Preliminary Plat for Riverstone Addition, which includes up to 246 detached single- family homes and 98 attached townhome units (293 total units); and WHEREAS, the City Council approved the original Preliminary Plat with several contingencies on June 13, 2017; and WHEREAS, the Developer provided a revised Preliminary Plat that addresses the June 13, 2017 contingencies and widens multiple lots for a net reduction of total lots by two (2); and WHEREAS, the City Council approved the revised Preliminary Plat on June 26, 2018; and WHEREAS, on February 19, 2019 the Developer applied for Final Plat approval for the 3rd addition of the Riverstone Development; and NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1. That the Ramsey City Council hereby grants Final Plat approval for Riverstone 3rd Addition. 2. The Riverstone Preliminary Plat was previously approved by the City Council on June 26, 2018 and would expire on June 26, 2019. The previously approved Riverstone Preliminary Plat is extend by one calendar year from its previous expiration date of June 26, 2019 to June 26, 2020. 3. That the Ramsey City Council hereby approves the Development Agreement between the Developer and the City for Riverstone 3rd Addition.