HomeMy WebLinkAboutResolution No. 294-13RESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City execute
a Development Agreement with Waters on Mayowood, LLC, for real property in the City of
Rochester being platted as The Waters on Mayowood, Olmsted County, Minnesota.
BE IT FURTHER RESOLVED that this Development Agreement should be executed only
after Waters on Mayowood, LLC, becomes fee owner of the property and has executed the
Agreement, and has received concurrence from any entity having a mortgage interest on the
property through the execution of a Consent of Mortgagee.
The Mayor and the City Clerk are authorized and directed to execute this agreement on
behalf of the City.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS 44) DAY
PR
ATTEST: L�
DnPUT7 CI C R
APPROVED THIS 6 �Y�' DAY OF
(Seal of the City of
Rochester, Minnesota)
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SAID C
MAYOR OF SAID CITY
2013.
ON COUNCIL
2013.