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93-017 ,J . . . ,. -J RESOLUTION NO. 17 -93 A RESOLUTION APPROVING ADOPTION OF AN AMENDMENT TO THE PLANNED UNIT DEVELOPMENT AGREEMENT FOR WATERFORD PHASE III WHEREAS, the City Council, by Resolution 99-89, passed November 20, 1989, granted development stage approval for Water ford Phase III, and preliminary plat approval for a plat of the Property, said plat to be known as Waterford III Addition; and WHEREAS, September 10 , "Waterford III Phase III; and the City Council, by Resolution 100-90, passed 1990, approved as revised preliminary plat for Addition" and development stage plan for Waterford WHEREAS, the city and Developer entered into a Planned Unit Development Agreement for Waterford Phase III dated May 30, 1991; and WHEREAS, the Agreement provided for the commencement and completion of certain tasks in section 6 of that Agreement titled "Schedule of Work"; and WHEREAS, Developer has requested an extension of the schedule for commencement and completion of certain tasks pursuant to that Amended Agreement; NOW, THEREFORE, BE IT RESOLVED by the City Council of the city of Shorewood to approve the amendment to the Planned Unit Development Agreement attached as Exhibit A and incorporated as part of the Agreement. PASSED AND ADOPTED BY THE CITY COUNCIL, Shorewood this 25th day of January, 1993. of the City of CvvN4. ( ~. C. Hurm, City Administrator/Clerk . . . ." . AMENDMENT TO PLANNED UNIT DEVELOPMENT AGREEMENT WATERFORD PHASE THREE The undersigned, TRIVESCO, Minnesota general partnership ("Developer".) ~ and the City of Shorewood, a Minnesota municipal corporation ("City") hereby agree to amend that certain Planned Unit Development Agreement, Waterford Phase Three (the "PUD Agreement"), dated May 30, 1991, as follows: 1. Paragraph 6 of the PUD Agreement is hereby deleted and replaced with the following: 6. SCHEDULE OF WORK. It is understood and agreed that the work shall be performed in multiple stages. The first stage of residential development shall commence with the construction of a two family dwelling in the residential portion of the Project in the' spring of 1993. The first stage of commercial development shall commence during the spring of 1994. Developer agrees to connect the proposed watermain which is to be installed during development of the mUlti-family residential portion of the Project, to the Shady Hills municipal water system on or before December 31, 1993. Construction of the ground water detention pond shown on the grading, drainage and erosion control plan attached hereto as Exhibit D shall be completed during the construction season of 1993. Prior to the commencement of each stage of development, the Developer shall submit a written -schedule in the form of a bar chart indicating the proposed progress schedule and order of completion of work within the stage. Upon receipt of written notice from the Developer of the existance of causes over which the Developer has no control, which will delay the completion of the work, the City, at its discretion, may extend the dates specified for completion. 2.. The PUD Agreement shall remain in full force and effect in all of its terms, covenants and conditions, except as expressly modified by this Amendment. EXHIBIT A . ~ ,. .., . . . In witness whereof, the undersigned part~es have executed this Amendment effective as of the /:.}.~ day of //<1~. ' 1993. TRIVESCO, a Minnesota general CITY OF SHOREWOOD, partnership MINNESOTA By steiner & Koppelman, Inc A Partner &~?Z ~~/L ....Paul N. steiner Its Chairman By: By: By Robert H. Mason, Inc. A Partner I~UJ, 11,M,^&' Randal W. Travalia Its President , V~ .' C 1j~/ljv~V\ mes C. Hurm ts Administrator And: By: Inc. , By: .-, . 'f": tt: # . STATE OF MINNESOTA) ) ss COUNTY OF HENNEPIN) The day of the Ma r Shorewood, subdivision instrument was acknowledged before me this 1>,tL , 1993, by Barbara J. Brancel and James C. Hurm, and Administrator, respectively, of the City of Minnesota, a municipal corporation and political of the State of Minnesota, on behalf of the City. N~C/);~ "'.... \_j ...<;:;....";;:~.. SUSAN.A. NICCUM (~~ Notary PUb.lle.Minnesota "'~Y HennepIn County My Comm. Exp. 3-15-96 STATE OF MINNESOTA) ) ss COUNTY OF HENNEPIN) The day of and Kopp man, Mason, Inc. . Properties, partnership. instrument , 1993, by Inc. , Randal and Mark Z. Inc. on behalf was acknowledged before me this'tL Paul N. Steiner, Chairman of Steiner W. Travalia, President of Robert H. Jones III, President of Highland of TRIVESCO, a Minnesota general KATHLEEN G. GYORFI NOTARY PUBlIC - M!i\!!\lESOTA HENNEPJ'\l MY CmA?J.ISS:QN EXPIRES 7-8-96 1k~ /d. ~.~ No ary Public THIS INSTRUMENT WAS DRAFTED BY: VESELY, MILLER & STEINER, P.A. 1011 First Street South Hopkins, Minnesota 55343 .