HomeMy WebLinkAboutResolution - 2001-128 - 24-Month Extension to Developer's Agreement with Silvercrest Properties for Eden Shores Senior Campus - 08/21/2001 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,MINNESOTA
RESOLUTION NO.2001-128
A RESOLUTION GRANTING EXTENSION TO THE DEVELOPER'S AGREEMENT
FOR EDEN SHORES SENIOR CAMPUS
BY SILVERCREST PROPERTIES
WHEREAS, Silvercrest Properties has received City Council approval for construction
of a senior housing development along the east side of Flying Cloud Drive at Fountain Place,
more fully described in a Developer's Agreement dated September 7, 1999; and
WHEREAS, a condition of said Developer's Agreement states that if Developer does not
proceed with the project within twenty-four (24) months of the date of Agreement, Developer
would not oppose City Council action to revoke the approval action, thus restoring the status of
the property before the project was approved; and
WHEREAS,the twenty-four(24)month period ends on September 7,2001; and
WHEREAS, Developer has not proceeded with the Agreement at this time, and has
requested approval of an extension to the Developer's Agreement for an additional twenty-four
(24)month period; and
WHEREAS,the City Council has reviewed said extension request at its August 21, 2001
meeting; and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Eden
Prairie, Minnesota, hereby grants the extension of the Developer's Agreement for an additional
twenty-four(24)month period, ending September 7,2003.
ADOPTED by the City Council of the City of Eden Prairie this 21st day of August,
2001.
can .Hams,Mayor
ATTEST:
Kat een A. Porta, City Clerk