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HomeMy WebLinkAboutResolution - 2023-87 - Baker Road Assisted Living Development Agreement - 09/05/2023CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2023-87 A RESOLUTION FOR CONDITIONAL APPROVAL OF THE DEVELOPMENT AGREEMENT FOR BAKER ROAD ASSISTED LIVING WHEREAS, the Developer has requested to sign and execute the Development Agreement for Baker Road Assisted Living (the "Project") at the closing of Developer's purchase of the 6216 Baker Road property; and, WHEREAS, the City is amenable to allowing the Developer to sign and execute the Development Agreement at the closing; and, WHEREAS, the approval of this Agreement, second reading of Ordinance No __ , and Resolution No __ granting Site Plan approval are contingent upon receipt by the City Manager of documentation acceptable to the City Manager that Shire Properties, LLC has acquired fee simple interest in the Property as defined in the Development Agreement. If the City Manager does not receive such documentation on or prior to December 5, 2023, the above Ordinance, Resolution, and approvals are null and void and of no further effect. The City Council may, but is not required to, take such fuiiher action to confirm that the Ordinance, Resolution, are null and void and of no further effect; and, WHEREAS, the City Council has reviewed the Project at a public hearing at its June 13, 2023, meeting. WHEREAS, the City Council has reviewed the Development Agreement for the Project at its September 5, 2023, meeting. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDEN PRAIRIE, that the Development Agreement between Shire Properties, LLC and the City of Eden Prairie is conditionally approved by the City Council on September 5, 2023, and is conditioned upon the Developer providing the City Manager documentation that the Shire Prope1iies, LLC has acquired fee simple interest in the Property. If the City Manager does not receive such documentation on or prior to December 5, 2023, the above Ordinance, Resolution, and approvals are null and void and of no further effect. The City Council may, but is not required to, take such further action to confirm that the Ordinance, Resolution, are null and void and of no further effect. ADOPTED by the City Council of the City of Eden Prairie this 5th day of September, 2023. Ronald A. Case, Mayor ATTEST: 2023-86 15-2023