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HomeMy WebLinkAbout92-136 • CITY OF I.AI~EVILLE RESOLUTION Date August 17, 1992 Resolution No. 92-136 Motion by Mulvihill Seconded by Harvey RESOLUTION WHEREAS, the developer of the Highview Heights 5th Addition has requested permission from the City to assign the development contract for the plat to First Bank National Association for purposes of obtaining financing. NOW, THEREFORE, BE IT RESOLVED by the Lakeville City Council: 1. The City of Lakeville hereby authorizes the developer of HIGHVIEW HEIGHTS • 5TH ADDITION to assign its rights under the development contract for the Addition to First Bank National Association. 2. The assignment shall not relieve the developer from any of its obligations under the development contract. ADOPTED by the Lakeville City Council this 17th day of August, 1992. CITY OF LAKEVILLE BY: Dua a Zaun, Ma o ATTEST: • n Charlene Friedges, City Cler ~