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5.8.
CC Regular Session
Meeting Date: 07/25/2023
   
Primary Strategic Plan Initiative: {ud_pd7}

Information

Title

Adopt Resolution #23-160 Approving the Development Agreement for Bunker Lake Industrial Park Fourth Addition and BLIP Building 5

Purpose/Background:

On July 11, 2023, the City Council approved the Final Plat and Site Plan for Bunker Lake Industrial Park Fourth Addition and BLIP Building 5, which is being spearheaded by PSD, LLC (the "Applicant").  The project is located south of Bunker Lake Boulevard and east of Puma Street (the "Subject Property").  The Engineer's Estimate, needed to finalize the Development Agreement, was not available for that meeting and therefore, the Development Agreement was not included in that approval.  City Staff has received the Engineer's Estimate and has finalized the Development Agreement (attached to the case), which is now ready for City Council approval.

Funding Source:

The Applicant is responsible for all costs associated with this request.

Recommendation:

Staff recommends approval of the Development Agreement.

Action:

Motion to adopt Resolution #23-160 approving the Development Agreement for Bunker Lake Industrial Park Fourth Addition and BLIP Building 5.

Attachments

Form Review

Inbox Reviewed By Date
Brian Hagen Brian Hagen 07/20/2023 01:39 PM
Form Started By:
Chris Anderson
Started On:
07/14/2023 08:54 AM
Final Approval Date:
07/20/2023