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23-103 Approving Four Agreements Related to the Development of Lake Park Villas With the City of Tonka Bay and the Development for Properties at 24250 and 24320 Smithtown LaneCITY OF SHOREWOOD COUNTY OF HENNEPIN STATE OF MINNESOTA RESOLUTION 23-103 A RESOLUTION APPROVING FOUR AGREEMENTS RELATED TO THE DEVELOPMENT OF LAKE PARK VILLAS WITH THE CITY OF TONKA BAY AND THE DEVELOPMENT FOR PROPERTIES AT 24250 AND 24320 SMITHTOWN LANE. WHEREAS, the Cities of Shorewood and Tonika Bay ("the Cities") are Minnesota municipal corporation operating as statutory cities under the laws of the State of Minnesota; and WHEREAS, TSML Properties, LLC, the "Applicant" propose a development to be called Lake Park Villas located at 24250 and 24320 Smithtown Road (the "Property"); and WHEREAS, the Property straddles the municipal boundary of the Cities; and WHEREAS, the Cities require four agreements before the Applicant may proceed with development, including: 1) a Development and PUD Agreement; 2) a Joint Utility, Trash and Recycling Service Agreement; 3) a Stormwater Maintenance Agreement; and 4) Private Street Maintenance and Encroachment Agreement. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD, MINNESOTA AS FOLLOWS: 1. The City Council hereby approves the Agreements with the City of Tonka Bay and the Applicant related to the Lake Park Villas development. 2. Authorizes the Mayer and City Clerk, on behalf of the city, to sign the agreements and execute any other necessary documentation to validate the agreement. Adopted by the City Council of Shorewood, Minnesota this 10th da of October 2023. Jen ' er La adie, Mayor A st: 1i", L( Sandie Thone, City Clerk