88-095
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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
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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
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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