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HomeMy WebLinkAboutItem 06.hSeptember 1, 2011 Item No. SEPTEMBER 6, 2011 CITY COUNCIL MEETING RELEASE OF DEVELOPMENT CONTRACTS PROPOSED ACTION Staff recommends adoption of the following motion: Move to approve the release of development contracts recorded against Lot 2, Block 1, Hosanna 4 Addition. Adoption of this motion will formally release the property owner from the development contracts recorded against the property title. OVERVIEW The legal representative of the purchaser of Lot 2, Block 1, Hosanna 4 Addition (Hosanna! Senior Living, LLC) requests that the existing development contracts for Hosanna Addition, Hosanna 2 Addition and Hosanna 3 Addition be released from the property title. Staff has determined that the developer has met all requirements and obligations of the development contracts. The City Attorney drafted the attached release of development contract for the signatures of the Mayor and City Clerk. PRIMARY ISSUES To CONSIDER How will the release of development contract affect the remaining developed and undeveloped properties in Hosanna 4 Addition? 0 The release of the development contract will not affect the development contracts in place with the remaining lots and outlots in Hosanna 4 Addition. SUPPORTING INFORMATION 0 Release of development contracts form. 0 August 22, 2011 letter requesting the release of the development contracts. Frank Dempsey, AI A c iate Planner Financial Impact: $ None Budgeted: Y/N Source: Related Documents (CIP, ERP, etc.): Notes: (reserved for recording information) RELEASE OF DEVELOPMENT CONTRACTS RELEASE of Development Contracts granted this day of 2011, by the CITY OF LAKEVILLE, a Minnesota municipal corporation ( "City "). Recitals A. The City and Hosanna! Lutheran Church of Burnsville have entered into a Development Contract dated March 5, 1996, for the plat of HOSANNA ADDITION, recorded April 22, 1996, as Torrens Document No. 335328. B. The City and Hosanna! Lutheran Church of Lakeville have entered into a Development Contract dated July 5, 2000, for the plat of HOSANNA 2 ADDITION, recorded August 13, 2001, as Torrens Document No. 445594 and as Abstract Document No. 1801127. C. The City and Hosanna! Lutheran Church of Lakeville have entered into a Development Contract dated November 18, 2002, for the plat of HOSANNA 3 RD ADDITION, recorded March 4, 2003, as Torrens Document No. 490763 and as Abstract Document No. 2008133. D. The City has been requested to grant a release for Lot 2, Block 1, Hosanna 4th Addition from the Development Contracts listed in A, B, and C above. E. The Development Contracts authorize the City to release lots and outlots from the Development Contract. F. The City has accepted all of the public improvements relating to Lot 2, Block 1, Hosanna 4 Addition under the Development Contracts listed in A, B and C above; and, with the exception of levied and pending assessments, if any, there is no longer a need to have those Development Contracts recorded against Lot 2, Block 1, Hosanna 4 Addition. 159366v01 SRN:08/26/2011 1 LKVL:HosANNA! ADDITION — Release of Lot 2, Blk 1, Hosanna 4 Add. from Prior DevK's) NOW, THEREFORE, BE IT RESOLVED by the City of Lakeville: 1. With the exception of levied and pending assessments, if any, Lot 2, Block 1, Hosanna 4 Addition is released and discharged from the Development Contracts listed in A, B and C above. 2. This release does not waive any fees which are required to be paid as a part of the building permit application. Dated this day of , 2011. (SEAL) STATE OF MINNESOTA COUNTY OF DAKOTA DRAFTED BY: CAMPBELL KNUTSON Professional Association 1380 Corporate Center Curve 317 Eagandale Office Center Eagan, Minnesota 55121 Telephone: (612) 452 -5000 RNK:srn 159366v01 SRN:08/26/2011 CITY OF LAKEVILLE BY: Mark Bellows, Mayor AND The foregoing instrument was acknowledged before me this day of , 2011, by Mark Bellows and by Charlene Friedges, 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. NOTARY PUBLIC 2 Charlene Friedges, City Clerk LKVL:HosA1'mA! ADDITION - Release of Lot 2, Blk 1, Hosanna 4 Add. from Prior DevK's) August 22, 2011 VIA MESSENGER Mr. Frank Dempsey Associate Planner City of Lakeville 20195 Holyoke Avenue Lakeville, MN 55044 Re: Hosanna! Lutheran Church Development Contracts Dear Frank: As we have discussed, Hosanna! Senior Living, LLC has acquired Lot 2, Block 1, Hosanna 4 Addition which is encumbered by the Development Contracts for the prior three additions. Enclosed is a copy of the title commitment and the three previously recorded Development Contracts that currently encumber Hosanna 4 Addition. Also enclosed is our check in the amount of $300.00 for the estimated fees to have these released. Please let me know if you need additional information or if this will be sufficient for our request to release Lot 2 from the prior Development Contracts to be addressed at the next City Council meeting on September 6th Sincerely, ff4- .c 7 `Mrs. Bonnie A. O'Malley Senior Paralegal (� Direct Dial: 612.492.7093 Email: bomalley @fredlaw.com BAO:jp Enclosures cc: Kimberly A. Lowe, Esq. (w /o encl. via email) Matthew J. Schneider, Esq. (w /o encl. via mail) Thomas J. Kettleson, Esq. (w /o encl. via email — Tkettleson @winthrop.com) 4978119_1.DOC Attorneys & Advisors main 612.492.7000 fax 612.492.7077 www.fredlaw.com Fredrikson & Byron, P.A. 200 South Sixth Street, Suite 4000 Minneapolis, Minnesota 55402 -1425 Fredrikson & BYRON, RAC MEMBER OF THE WORLD SERV'CES GROUP' OFFICES. A Worldwide Network of Professional Service Providers Minneapolis / Bismarck / Des Moines / Fargo / Monterrey, Mexico / Shanghai