HomeMy WebLinkAbout6.d. Rosemount Commons Subdivision Agreement Assignment ' CITY OF ROSEMOUNT
; EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: September 21, 1999
AGENDA ITEM: Rosemount Commons Subdivision AGENDA SECTION:
Agreement Assignment Add-On
PREPARED BY: Bud Osmundson AGENDA NO.
City Engineer/Public V1/orks Director
ATTACHMENTS: APPROVED BY�:
Wensmann Homes is in the process of purchasing the Rosemount Commons property
which is owned by Heritage Deve(opment, Inc. The final plat was approved by the City
Councii on April 6, 1999 and the Subdivision Agreement was approved on July 6, 1999.
The Rosemount Commons Addition is located on the Ruth Englert property south of
Wachter Lake and east and adjacent to Chippendale Avenue. The Subdivision includes
approximately 27 acres of land and will be devefoped into 121 townhouse units.
Article 23J of the Subdivision Agreement states that "The developer may not assign this
Agreement without the written permission of the City Council". Wensmann Homes is
requesting that this Subdivision Agreement be assigned to them.
Staff recommends that the Council take the action as described below.
RECOMMENDED ACTION: MOTION APPROVING ASSIGNMENT OF THE SUBDIVISION
AGREEMENT FOR ROSEMOUNT COMMONS AND AUTHORIZING THE CITY ADMINISTRATOR
TO PROVIDE WRITTEN CONSENT,
COUNCIL ACTION:
10