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Item 3.10 Otsego Waterfront District Approve an Extension of the Approval of a PUD Development Stage Plan Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Planning City Planner Licht 13 October 2025 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Administrator/Finance Director Flaherty 3.10 – Otsego Waterfront District STRATEGIC VISION MEETS: THE CITY OF OTSEGO: Is a strong organization that is committed to leading the community through innovative communication. X Has proactively expanded infrastructure to responsibly provide core services. Is committed to delivery of quality emergency service responsive to community needs and expectations in a cost-effective manner. X Is a social community with diverse housing, service options, and employment opportunities. Is a distinctive, connected community known for its beauty and natural surroundings. AGENDA ITEM DETAILS RECOMMENDATION: City staff recommends the City Council approve an extension of a PUD Development Stage Plan and preliminary plat. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No Yes, held by Planning Commission 19 May 2025 BACKGROUND/JUSTIFICATION: Modern Construction of Minnesota, Inc. received City Council approval on 9 June 2025 of a PUD Development Stage Plan and preliminary plat for a mixed-use development of 13.80 acres located east of TH 101 and south of 90th Street to be known as “Otsego Waterfront District”. Section 11-36-4.D.6 of the Zoning Ordinance requires that a final plat must be applied for within six months from the date the City Council grants PUD Development Stage Plan approval or the approval is deemed to be null and void and expired. Upon request by the applicant, the City Council, at its discretion, may extend for not more than six (6) months the filing deadline for any final plan when, for good cause shown, such extension is necessary. The developer is requesting such an extension. City staff is aware that the developer is seeking to secure financing through the Federal Department of Housing and Urban Development and working through the steps of that process. Circumstances in the area for which the project was approved have not changed and there have not been changes to the Comprehensive Plan or Zoning Ordinance that would affect the proposed development. City staff recommend extending the deadline for submission of a final plat application an additional six months to 9 June 2026. SUPPORTING DOCUMENTS ATTACHED: • None POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve an extension of the approval of a PUD Development Stage Plan and preliminary plat for Otsego Waterfront District to 9 June 2026. BUDGET INFORMATION FUNDING: BUDGETED: Fund 701 – Development Escrows N/A