HomeMy WebLinkAbout2021-132 CCR Member Ryan introduced the following resolutionand moved its adoption:
RESOLUTION NO. 2021-132
RESOLUTION ACCEPTING WORK PERFORMED AND AUTHORIZING
THE RELEASE OF FUNDS FOR A CERTAIN FINANCIAL GUARANTEE
BEING HELD BY THE CITY OF BROOKLYN CENTER (THE SANCTUARY
AT BROOKLYN CENTER/FRANA COMPANIES, INC.)
WHEREAS, the City requires, as a condition of approval for certain planning
applications, that the Applicant enter into a Performance Agreement and submit a financial
guarantee to be held by the City so as to ensure certain site improvements are completed
according to the approved plans and in a timely manner; and
WHEREAS, the Performance Agreement details the specific improvements that
are included, and outline the terms under which the financial guarantee may be released or
reduced by the City; and
WHEREAS, the City Council may release financial guarantees upon accepting
work performed, or reduce a financial guarantee based on the amount of improvements left
incomplete; and
WHEREAS, the City has received a request from representatives of Frana
Companies, Inc. for the full release of a certain financial guarantee in the amount of$50,000.00
(Site Improvement Bond No. 41BCSHG3231) relating to the Sanctuary at Brooklyn Center,
which was approved under Planning Commission Application No. 2016-001 and City Council
Resolution No. 2016-19 (Resolution Regarding the Disposition of Planning Commission
Application No. 2016-001, Submitted by SCA Properties, LLC RequestingApproval of a Planned
Unit Development Amendment and Site and Building (Development) Plan Approval for the
Sanctuary of Brooklyn Center, the 158-Unit Senior Assisted Living Housing Project), and for the
property located at 6121 Brooklyn Boulevard; and
WHEREAS, City staff has inspected the property for compliance with the
Performance Agreement and associated site improvement bond, of which outlines certain utility,
walkway, and road access improvements, and has determined that all required site improvements
have been completed and all conditions of the Performance Agreement have been fulfilled.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center, Minnesota, that it hereby approves and accepts all of the work required to be
undertaken, and agrees to release any remaining amounts of financial guarantee as it relates to
the Sanctuary at Brooklyn Center project, approved under Planning Commission Application No.
2016-003.
RESOLUTION NO. 2021-132
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October 25, 2021 �
Date Mayor
ATTEST: ' f����'��h G�
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Elliott
and upon vote being taken thereon,the following voted in favor thereof:
Butler, Elliott, Graves, Lawrence-Anderson, Ryan
and the following voted against the same: None
whereupon said resolution was declared duly passed and adopted.