HomeMy WebLinkAboutResolution - 2003-17 - Authorizing the Amendment to the Project Management Agreement for Rolling Hills Senior Housing Development (The Colony) - 01/21/2003 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,NIINNESOTA
RESOLUTION NO. 2003-17
RESOLUTION AUTHORIZING AMENDMENT OF
PROJECT MANAGEMENT AGREEMENT
BE IT RESOLVED, by the City Council of the City of Eden Prairie, Minnesota (the
"City") as follows:
WHEREAS, the City and Developer are parties to that certain Project Management
Agreement ("Agreement") dated June 5, 2001 concerning certain real property in Eden Prairie,
Minnesota on which the Developer proposes to construct a 142-unit facility for the care of the
elderly consisting of independent living units, assisted care units and Alzheimer's/dementia care
beds (the"Project"); and
WHEREAS,the Developer and City desire to add additional property to the Project; and
WHEREAS, the Developer and City deem it necessary and desirable to amend the
Agreement as provided for in the attached First Amendment to Project Management Agreement.
NOW THEREFORE,BE IT RESOLVED by the Eden Prairie City Council that:
The First Amendment to Project Management Agreement is hereby approved. The
Mayor and City Manager are hereby authorized to execute the First Amendment to Project
Management Agreement and such subordination agreements and other recordable instruments as
may be necessary to carry out the purposes of the Project Management Agreement as amended.
ADOPTED by the Eden Prairie City Council on January 21,2003.
Ron Case, Acting Mayor
ATTEST:
Katl leen Porta, City Clerk