HomeMy WebLinkAboutResolution - 96-186 - Metro Printing, Inc. - Extension of Developer's Agreement - 11/05/1996 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,MTNNESOTA
RESOLUTION NO. 9 6 - 1 8 6
A RESOLUTION GRANTING EXTENSION TO THE DEVELOPER'S AGREEMENT
FOR METRO PRINTING
BY METRO PRINTING,INC.
WHEREAS,Metro Printing,Inc.has received City Council approval for construction of an
office/manufacturing building at 7580 Equitable Drive,more fully described in a Developer's Agreement dated
March 7, 1995;
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;
WHEREAS,the twenty-four(24)month period ends on March 7, 1997;
WHEREAS,Developer has not proceeded with Agreement at this time,and has requested approval of
an extension to the Developer's Agreement for an additional twenty-four(24)month period;
WHEREAS,the City Council has reviewed said extension request at its November 5, 1996 meeting;
NOW, THEREFORE,BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EDEN PRAIRIE,that the extension of the Developer's Agreement be granted for an additional twenty-four
(24)month period, ending March 7, 1999.
ADOPTED by the City Council on November 5, 1996.
Uot
Yan L.Harris,Mayor
ATTEST:
John D. Frane, City Clerk