HomeMy WebLinkAbout2018-243 (amending the Development Agreement relating to Westridge) RESOLUTION NO.2018-243
CITY OF STILLWATER
WASHINGTON COUNTY,MINNESOTA
A RESOLUTION AMENDING THE DEVELOPMENT AGREEMENT RELATING TO
WESTRIDGE
WHEREAS, the City Council entered into a Development Agreement with Westridge
LLC for the development of Westridge on April 3, 2018 that contained certain fees, one of which
is the Transportation Adequacy Fund (TAF), in the amount of$33,792.05, which results in an
assessment of$2,599.39 per lot; and
WHEREAS, the City Council approved Resolution 2018-131 on June 19, 2018, which
authorized the adoption of an assessment for the TAF fees in the amount of$35,695.52, which
results in an assessment of$2,549.68 per lot; and
WHEREAS,the fees contained in the Development Agreement and the Resolution for the
TAF are not consistent with Resolution 2018-131; and
WHEREAS, it has been determined that the TAF fees identified in Resolution 2018-
131, namely $35,695.52, is the correct calculation for the TAF fees; and
WHEREAS, the City Council desires to correct the error in the Development Agreement.
NOW, THEREFORE, be it resolved by the City Council of the City of Stillwater as
follows:
1. Section 4.02 A. and 4.02 E. of the Development Agreement Relating to Westridge is
hereby amended to reflect a Transportation Adequacy Fund fee of$35,695.52; which
results in an assessment of$2,549.68 per lot.
2. The Mayor, City Clerk and appropriate City Staff are hereby authorized to take all
actions necessary to amend the Development Agreement.
Enacted by the City Council of the City of Stillwater, Minnesota this 13th day of November, 2018.
CITY OF ST LWATER
Ted Kozlowski, yor
ATTEST:
Diane F. Ward, City Clerk