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HomeMy WebLinkAboutResolution No. 327-13RESOLUTION BE IT RESOLVED by the Common Council of the City of Rochester that the City execute a Development Agreement with WSL on Mayowood Property Owner, 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 WSL on Mayowood Property Owner, 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 kA- DAY O,. �d' j, - , 201.3. PRESIDENT O SAID COMMON COUNCIL ATTEST: c�f.{�f.0'"?�I Qi Ty CI R APPROVED THIS Qn4 DAY OF , 2013. MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota) Res10\PW\DevAgr\25 •