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CR 09-018 Adopt Resolution Approving Certificate of Compliance - Excelsior Crossings RedevelopmentGITy OF ia HOPKINS February 26, 2009 Council Report 2009 -018 Adopt Resolution Approving Certificate of Compliance - Excelsior Crossings Redevelopment Proposed Action: Staff recommends adoption of the following motion: Move that Council adopt Resolution 2009 -012 authorizing the Mayor and City Manager to sign a Certificate of Compliance in accordance with the Excelsior Crossings PUD /Development agreement. Overview. In accordance with the Excelsior Crossings PUD /Development Agreement, a certificate of compliance must be issued to the developer upon completion of: the regional storm water facility, facility demolition and restoration work and the public trail located on the three acre open space parcel adjacent to the storm water pond. OPUS has completed all of this work to the satisfaction of the City. The City Attorney has reviewed the PUD /Development Agreement and drafted the attached Certificate of Compliance. Supporting information. • Resolution 2009 -012 • Certificate of Compliance Steven J. Stadler, Public Works Director Financial Impact: $ 0 Budgeted: Y/N _n /a Source: n/a Related Documents (CIP, ERP, etc.): Notes: CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 2009 -012 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO SIGN A CERTIFICATE OF COMPLIANCE - EXCELSIOR CROSSINGS DEVELOPMENT WHEREAS, the City entered into a PUD /Development Agreement with Opus Northwest on August 14, 2006 that stipulated the conditions under which a Certificate of Compliance would be issued to the developer and, WHEREAS, the City Attorney and Public Works Director have determined that Opus Northwest has met all said conditions for issuance of the Certificate of Compliance as described in paragraphs 4.B., 12.B., and 12.J of the PUD /Development Agreement and, NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Hopkins, Minnesota that the Mayor and City Manager are hereby authorized to sign the Certificate of Compliance for the City of Hopkins. Adopted by the City Council of the City of Hopkins this 3rd day of March 2009. Eugene J. Maxwell, Mayor ATTEST: Terry Obermaier, City Clerk CERTIFICATE OF COMPLIANCE This Certificate of Compliance is executed by the City of Hopkins, a municipal corporation under the laws of Minnesota, ( "City ") pursuant to that certain PUD /Development Agreement between the City and Opus Northwest, L.L.C., a Delaware limited liability company, ( "Developer ") dated August 14, 2006, and recorded September 25, 2006, as Hennepin County Registrar of Titles Document No. 4309783, and September 26, 2006, as Hennepin County Recorder Document No. 8868919; as amended by an Amendment to PUD /Development Agreement, dated January 26, 2007, and recorded February 1, 2007, as Hennepin County Registrar of Titles Document No. 4353572 and Hennepin County Recorder Document No. 8931208; and amended by a Second Amendment to PUD/Development Agreement, dated , 2008, and recorded , 2008, as Hennepin County Registrar of Titles Document No. and Hennepin County Recorder Document No. Said PUD/Development Agreement, Amendment to PUD/Development Agreement and Second Amendment to PUD/Development Agreement are herein collectively referred to as the "PUD Agreement ". The City hereby certifies that the Developer has completed the Regional Storm Water Facility, the Demolition and Restoration Work and the public trail located on the Three Acre Open Space Parcel described in paragraphs 4.B., 12.B. and 12.J. of the PUD Agreement in compliance with the provisions of said paragraphs 4.B., 12.13. and 12J. CITY OF HOPKINS By — Its By — Its Hopk ins .Opus /CertificateofCompl lance STATE OF MINNESOTA } ss COUNTY OF HENNEPIN } The foregoing instrument was acknowledged before me this day of 2009, by the and the of The City of Hopkins, a municipal corporation under the laws of the State of Minnesota, on behalf of the municipal corporation. Notary Public THIS INSTRUMENT WAS DRAFTED BY: Steiner & Curtiss, P.A. 400 Wells Fargo Bank Building 1011 First Street South Hopkins, Minnesota 55343 Hopkins .Opus /CertificateofCompliance 2