HomeMy WebLinkAboutResolution 2018-67 Amending Text of Chapter 9 and 10City of Corcoran
County of Hennepin
State of Minnesota
Motion By: LaFave
SIN
econded By: Dejewski
September 13, 2018
A RESOLUTION APPROVING FINDINGS OF FACT FOR AN ORDINANCE AMENDING THE
TEXT OF CHAPTER 9, SECTION 960 AND CHAPTER 109 SECTION 1070 OF THE
CORCORAN CITY CODE, ENTITLED CORCORAN FINANCIAL GUARANTEE ORDINANCE
WHEREAS, the City Council directed
(CITY FILE 18-025)
staff to prepare an ordinance amendment to decrease the
amount required for a financial guarantee from 125% to 100% of the cost of improvements; and
WHEREAS, the amendment would reduce the amount required for a financial guarantee, which
will reduce the financial burden for developers while still ensuring an adequate amount of
guarantee for the City; and
WHEREAS, the amendmenfi w
for development projects; and
WHEREAS
ould clarify city policy regarding acceptable financial guarantees
e amendment would be consistent with the 2030 Comprehensive Plan; and
WHEREAS, the amendment would be consistent with other City Code standards and City
policies; and
WHEREAS, the Planning Commission has reviewed the proposed text amendments afi a duly
called Public Hearing and recommends approval;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORCORAN, MINNESOTA, that it should and hereby does approve the financial guarantee
Ordinance text amendment, based upon the finding that the proposed amendment would be
consistent with State law and the City's Comprehensive Plan, and compatible with other
provisions of the City Code.
VOTING NAY
❑ Thomas, Ron
Bottema, Jon
❑ Dejewski, Brian
❑ Keefe, Mike
❑ LaFave, Tonya
City of Corcoran
County of Hennepin
State of Minnesota
RESOLUTION No. LUI0=0I
September 7 3, 2018
Whereupon, said Resolution is hereby declared adopted on this 13t" day 0f September
?0180
ATTEST:
J�sica Beise —City Clerk/Administr
Ron Thomas -Mayor
ative Services Coordinator
City Seal
Page 2 of 2