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HomeMy WebLinkAbout89-163 ( • CITY OF LAKEVI.LLE DAKOTA COUNTY, MINNESOTA RESOLUTION 4, 1989 Resolution No. 89-163 Date December Motion By Harvey Seconded By Sindt RESOLUTION AUTHORIZING THE RELEASE OF LOTS FROM DEVELOPMENT CONTRACTS WHEREAS, the City enters into Development Contracts concerning the platting of land; and WHEREAS, the Development Contracts are recorded against all lots in the plat regulated by the Development Contract; and WHEF.EAS, the City is asked from time to time to release lots from Development Contracts; and. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville: 1. The City Administrator and City Treasurer are both authorized to eyecute Development Contract releases in the form attached hereto subject to the terms of .this Resolution. 2. Releases may only be signed pursuant to this Resolution if: A. There is no unremedied breach of the Development Contract by the Developer, and B. The Developer is current in his payment of bills from the City regarding the development, and C. The City would not be jeopardized by granting the release. • ~ r 4 ~ • ~ • ADOPTED by the City Council of the City of Lakeville this 4th day of December , 1989. CITY OF KEVILLE BY• • D ane R. Zaun, Ma o TTEST• Charlene Friedges, City Clerk • •