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Councilmember Peters introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #26-208 <br /> <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 <br />release from the development agreement associated with the following described property located <br />in the City of Ramsey: <br />Lots 1-3, Block 1 and Outlot A, AMSTERDAM EXTENSION SECOND ADDITION, <br />Anoka County, Minnesota (the ‘Subject Property’); and <br />WHEREAS, the Subject Property is encumbered, in whole or in part, by the <br />following development agreement (the “Development Agreement”) for a past project: <br /> <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 <br />Subject Property described above; and <br /> <br />WHEREAS, the Development Agreement will remain on the title affected property; and <br /> <br />WHEREAS, the City Council reviewed the request to release this Development <br />Agreement from the Subject Property on September 8, 2026. <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) The Development Agreement referenced above is deemed satisfied on the Subject <br />Property and may be released from the Subject Property described above. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Olson, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br /> Mayor Heineman <br /> Councilmember Peters <br /> Councilmember Olson <br /> Councilmember Buscher <br /> Councilmember Riley <br /> Councilmember Specht <br /> Councilmember Stewart <br /> <br />