Loading...
88-095 . . . RESOLUTION NO. 95-88 RESOLUTION APPROVING AN AMENDMENT TO THE DEVELOPMENT AGREEMENT OF COVINGTON VINE RIDGE WHEREAS, The City Council of the City of Shorewood, by its Resolution No. 8-86 on February 10, 1986 authorized the Mayor and City Clerk to execute a Development Agreement on behalf of the City for the development of Covington Vine Ridge; and WHEREAS, such Development Agreement was duly executed by the Developer and the City on February 10, 1986; and WHEREAS, the parties now wish to amend such Development Agreement to include a provision to reduce the rear yard set back requirement to 35 feet. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood as follows: (1) That the Amendment attached hereto amending the Development Agreement for Covington Vine Ridge dated February 10, 1986 is hereby approved. (2) That the Mayor and City Clerk are hereby authorized to execute this Amendment on behalf of the City Council. (3) That this Resolution, together with the Amendment attached hereto, shall be filed and recorded with the Hennepin County Recorder or Registrar of Titles. ADOPTED BY THE CITY COUNCIL of the City of Shorewood this 12th day of September, 1988. Robert Rascop, Mayor ATTEST: Sandra L. Kennelly, City Clerk Roll Call Votes: Ayes: 5 Nays: 0 . . . CITY OF SHOREWOOD AMENDMENT TO DEVELOPMENT AGREEMENT COVINGTON VINE RIDGE WHEREAS, an Agreement was made and entered into on the 10th day of February, 1986, by and between the City of Shorewood, a Minnesota municipal corporation (hereinafter referred to as "City") and United Mortgage Corporation, a Minnesota corporation (hereinafter referred to as "Developer") for the development of certain lands into single family dwelling sites as a "planned unit residential development"; and WHEREAS, Paragraph 2 of said Agreement requires that the property be developed as single family lots based upon R-1C Zoning District Standards; and WHEREAS, The R1-C Zoning District requires a rear yard set back of 40 feet; and WHEREAS, The parties hereto desire to modify and amend said Agreement to provide for a rear yard set back of 35 feet. NOW, THEREFORE, in consideration of the mutual covenants and guarantees contained herein, the City and the Developer agree as follows: (1) That the rear yard setback requirement for lots in Covington Vine Ridge shall hereafter be 35 feet. (2) That Paragraph 2 of said Development Agreement, dated February 10, 1986, is hereby amended to read as follows: "2. Land Use. The property herein shall be developed as single family lots based upon R-1C Zoning District Standards, except that the rear yard setback requirement shall be 35 feet." IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed on the day and year first above written. UNITED MORTGAGE CORPORATION CITY OF SHOREWOQD by: by: Its Its Mavor ATTEST: City Clerk . . . STATE OF MINNESOTA) ) ss: COUNTY OF HENNEPIN) On this ____ day of , 19___, before me, a notary public within and for said County, personally appeared and , to me personally known, who, being each by me duly sworn, did say that they are respectively the Mayor and City Administrator of the municipal corporation named in the foregoing instrument, and that said instrument was signed and sealed in behalf of said corporation by authority of its City Council, and said and acknowledged said instrument to be the free act and deed of said corporation. Notary Public STATE OF MINNESOTA) ) ss: COUNTY OF HENNEPIN) On this day of , 19___, before me, within and for said County personally appeared and to me personally known, who, being each by me duly sworn did say that they are respectively the and of the corporation named in the foregoing instrument, and that the seal affixed to said instrument is the corporate seal of said corporation, and that said instrument was signed in behalf of said corporation by authority of its Board of Directors and acknowledged said instrument to be the free act and deed of said corporation. Notary Public