HomeMy WebLinkAbout05-152 • CITY OF LAKEVILLE
DAKOTA COUNTY, MINNESOTA
RESOLUTION
Date September 6, 2005 Resolution OS-152
Motion By Wulff Seconded By Bellows
RESOLUTION DECLARING GROUND LEASE AND
DEVELOPMENT AGREEMENT BETWEEN THE
CITY OF LAKEVILLE, MINNESOTA
AND KPAC, LLC NULL AND VOID
WHEREAS, the City and KPAC, LLC entered into a Ground Lease and Development
Agreement ("Agreement"); and
WHEREAS, paragraph 29.01 of the Agreement provides that the City's obligations under
the Agreement are subject to and contingent upon certain conditions being satisfied.. or waived by
the City on or before May 15, 2005.
•
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville,
Minnesota:
L The following contingencies set forth in paragraph 29.01 of the Agreement have not been
timely satisfied and have not been waived by the City:
• The City's. approval of any necessary amendments to its comprehensive plan and zoning
ordinance, zoning and subdivision approval, variance and conditional use permit
approval, and all other necessary City approval including variance and conditional use
pernuts.
• The City obtaining any other necessary permits from other public regulatory entities
necessary to carry out the City's obligations under this Agreement.
• The City adopting a tax abatement resolution joined by Dakota County.
• Lessee obtaining proof of financing acceptable to the City.
• Lessee. reaching an acceptable agreement with the Youth Soccer Association and/or
• other user groups.
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• • The blank spaces in the Ground Lease, including exhibits, have been filled in and agreed
upon by Lessee and City.
2. KPAC, LLC has informed the City that it is not willing to perform the Agreement in its
present form.
3. The City declares the Agreement null and void.
ADOPTED this 6th day of September , 2005, by the City Council of the City of
Lakeville, Minnesota.
CITY OF LAKEVILLE
BY:
f,;- Robert D. J son, Mayor
TEST:
Charlene Friedges, City Cl
i
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