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HomeMy WebLinkAbout2020-038 (amend the Development Agreement and Release the Assessment Appeal Waiver Agreement relating to Heifort Hills Estate) RESOLUTION 2020-038 CITY OF STILLWATER WASHINGTON COUNTY, MINNESOTA A RESOLUTION AUTHORIZING THE CITY OF STILLWATER TO AMEND THE DEVELOPMENT AGREEMENT AND RELEASE THE ASSESSMENT APPEAL WAIVER AGREEMENT RELATING TO HEIFORT HILLS ESTATE WHEREAS, the City of Stillwater, a Minnesota municipal corporation ("City") and Integrity Land Development Inc., a Minnesota corporation ("Developer") entered into a Development Agreement Relating to Heifort Hills Estate dated March 8, 2018 ("Development Agreement"); and WHEREAS, Developer has requested removal of the Transportation Adequacy Fund payment from the Development Agreement. NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Stillwater hereby authorizes: 1. The approval and execution of the First Amendment to Development Agreement Relating to Heifort Hills Estate. 2. The approval and execution of the Release of Assessment Appeal Waiver Agreement for Heifort Hills Estate. Adopted by the City Council of the City of Stillwater, Minnesota this 7th day of April, 2020. CITY OF STILLWATER Ted Kozlowski, Mayor ATTEST: Beth Wolf, City Cler