HomeMy WebLinkAboutItem 06.pNovember 29, 2012
Proposed Action
Staff recommends approval of the attached Release of Development Contract to release
Outlot B, Acorn Tappe Addition from previous development contracts recorded against this
property. This will result in this property being able to be sold.
Overview
Outlot B, Acorn Tappe Addition is a 14.3 acres undeveloped parcel located at the southeast
corner of Co. Rd. 70 and Highview Avenue in the Industrial Park. The Acorn Tappe Addition
plat consists of one platted lot and one outlot and was approved in October of 2001.
Outlot B is under contract to be sold and the purchaser has requested that the property be
released from the previous development contracts between the City and original developer
of this development. The release is being requested to clear a title issue associated with the
property.
The City Attorney and City Engineer have both reviewed this request and do not have any
concerns with releasing Outlot B from the 2001 Development Agreement. When this outlot
is platted prior to being developed, a new development contract for this lot will be required.
Staff recommends approval of the Release of Development Contract.
Primary Issues to Consider
None
Supporting Information
• Copy of the Release of Development Contract
David L. Olson
Community and Economic Development Director
c: Zach Johnson, City Engineer
RELEASE OF DEVELOPMENT CONTRACT
OUTLOT B, ACORN TAPPE ADDITION
December 3, 2012 City Council Meeting
Item No.
Financial Impact: $ None Budgeted: Y/N Source:
(reserved for recording information)
RELEASE OF
DEVELOPMENT CONTRACT
RELEASE granted , 2012, by the CITY OF LAKEVILLE, a
Minnesota municipal corporation ( "City ").
WHEREAS, the City has been requested to release and discharge Outlot B, Acorn Tappe
Addition from certain recorded Development Contracts (the "Subject Property").
Doc. #167678v.1
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NOW THEREFORE, be it resolved by the Lakeville City Council:
The Subject Property is released and discharged from the Development Contract for Airlake
Development Third Addition dated March 1, 1999 and recorded May 7, 1999 as Document
No. 1603118 in the Office of the Dakota County Recorder, and from the Development
Contract for Acorn Tappe First Addition dated October 8, 2001 and recorded November 29,
2001 as Document No. 1834408 in the Office of the Dakota County Recorder.
ADOPTED this 3rd day of December, 2012.
(SEAL)
CITY OF LAKEVILLE
BY:
Mark Bellows, Mayor
AND
1
Charlene Friedges, City Clerk
STATE OF MINNESOTA )
(ss.
COUNTY OF DAKOTA )
The foregoing instrument was acknowledged before me this day of
, 2012, by Mark Bellows and by Charlene Friedges, respectively the Mayor
and City Clerk, of the City of Lakeville, a Minnesota municipal corporation, on behalf of the
corporation and pursuant to authority granted by the its City Council.
THIS INSTRUMENT WAS DRAFTED
BY:
CAMPBELL KNUTSON
Professional Association
317 Eagandale Office Center
1380 Corporate Center Curve
Eagan, Minnesota 55121
Telephone: (651) 452 -5000
RNK
Doc. #167678v.1
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Notary Public
2