HomeMy WebLinkAbout2017-126RESOLUTION NO. 2017 -126
A RESOLUTION OF THE CITY COUNCIL FOR THE CITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE
DEVELOPMENT CONTRACT FOR GRAND CENTRAL FLATS PROJECT BY AND BETWEEN THE CITY OF COLUMBIA
HEIGHTS AND COLUMBIA HEIGHTS LEASED HOUSING ASSOCIATES III, LLLP.
BE IT RESOLVED BY the City Council for the City of Columbia Heights, Minnesota (the "City ") as follows:
WHEREAS, Columbia Heights Leased Housing Associates III, LLLP, a Minnesota limited liability Limited
partnership ( "Developer ") has proposed to develop a multi - family apartment complex consisting of two
buildings and 148 units of affordable workforce housing to be located at 1069 Grandview Way and 4729 Grand
Avenue NE (the "Project "); and
WHEREAS, pursuant to Resolution No. 2017 -90, the City has approved the site plan for the Project, subject to
(among other items) the Developer entering into a Development Contract for the development of the Project,
governing construction methods and timing, and the installation of certain public and quasi- public
improvements.
NOW, THEREFORE BE IT RESOLVED in accordance with the foregoing, and all ordinances and regulations of
the City of Columbia Heights, the Council hereby makes the following:
FINDINGS OF FACT
1. The Development Contract has been negotiated between City and Developer, contains
provisions that satisfy the conditions of Resolution No. 2017 -90 that pertain to the entering into
of a Development Contract, and is otherwise acceptable to City staff at the advice of the City
attorney.
2. The Development Contract provides for development and construction of the Project in a
manner that is consistent with the approved site plan for the Project.
3. Developer has consented to the entering into of the Development Contract and requested that
the City approve and execute the Development Contract in the form presented to the Council
on the date hereof.
BE IT FURTHER RESOLVED that the Council hereby approves the form and substance of the Development
Contract, and approves of the City entering into the Development Contract,
BE IT FURTHER RESOLVED that the Council hereby authorizes and directs the Mayor and City Manager to
execute and deliver the Development Contract on behalf of the City, and to take such other action as deemed
necessary and appropriate to carry out the purpose of the foregoing resolution.
Passed this 27th day of November, 2017
Offered by: Buesgens
Seconded by: Novitsky
Roll Call: All Ayes
Attest:
Katie Bruno, Council Secretary /City Clerk
Resolution 2017 -126
Donna Schmitt, Mayor