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RESOLUTION NO. 77-45
CITY OF LAKEVILLE
DAKOTA COUNTY, MINNESOTA
RESOLUTION REGARDING PARK LAND DEDICATION REQUIREMENTS
FOR DONNAY'S VALLEY PARK 8TH ADDITION
WHEREAS, the proposed Developer of Donnay's Valley
Park 8th Addition The First Wisconsin National Bank of Milwaukee
has evidenced an interest in entering into a Development Contract
with the City for said development; and
WHEREAS, one of the conditions of said Development
Contract is that the Developer dedicate to the City Outlot "A", of
Donnay's Valley Park 8th Addition; and
WHEREAS, the Developer is not the present owner of
said Outlot "A"; and
WHEREAS, the Developer is looking to the City for
certain assurances before acquiring said Outlot "A".
NOW, THEREFORE, BE IT RESOLVED by the Council of the
City of Lakeville:
1. If the City and Developer enter into a Development
Contract for Donnay's Valley Park 8th Addition, the City will
accept in satisfaction of the park land dedication requirement
Outlot "A" with the exception of one lot 85 feet by 140 feet
abutting Finch Way which the Developer shall not be
required to dedicate to the City.
2. Until January 1st, 1980 or until 50% of the lots
in the Subdivision have been developed, which ever occurs first, the
Developer shall be allowed to use Outlot "A" for ponding. The
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pond shall be suitably fenced and provision shall be made
for restoration of the property to the condition it was in before
the pond was created.
3. The City will expedite consideration of the
proposed development for Donnay's Valley Park 8th Addition subject
to statutory and ordinance requirements.
Adopted this 18 day of July , 1977.
CITY OF LAKEVILLE Q�%�
BY: aj_�-�J� V ( Jaz--
Edward Mako, Mayor
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