RES 2026-12 Authorizing Release and Discharge of Development Contracts and Public Improvement and Special Assessment Agreement for Outlot A, Great River Centre of Otsego 7th AddnCITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2026-12
AUTHORIZING RELEASE AND DISCHARGE OF
DEVELOMENT CONTRACTS AND PUBLIC IMPROVEMENT AND
SPECIAL ASSESSMENT AGREEMENT FOR
OUTLOT A, GREAT RIVER CENTRE OF OTSEGO SEVENTH ADDITION
WHEREAS, the City has been asked to release and discharge real property in Wright County, Minnesota, legally described as
set forth on attached Exhibit A; and
WHEREAS, the property is subject to a development agreement between the City and Appello Group, LLC dated May 16, 2006,
and recorded June 16, 2006, as Wright County Recorder Document Number A1014006; and
WHEREAS, the property is subject to a development agreement between the City and CN Otsego Properties LLC, dated
October 28, 2022, and recorded November 18, 2022, as Wright County Recorder Document Number A1521342; and
WHEREAS, the property is subject to a Public Improvement and Special Assessment Agreement between the City and CI\
Otsego Properties LLC, dated October 28, 2022, and recorded as Wright County Recorder Document Number A1521338; and
WHEREAS, all requirements of the aforementioned Development Contracts and Public Improvement and Special Assessment
Agreement have been met as to the Property and there is no longer a need to have the Development Contract or Public
Improvement and Special Assessment Agreement recorded against the Property; and
WHEREAS, the City Attorney has drafted Release of Development Contract for the Property from Document No. A1014006
attached as Exhibit B; and
WHEREAS, the City Attorney has drafted Release of Development Contract for the Property from Document No. A1521342
attached as Exhibit C; and
WHEREAS, the City Attorney has drafted Release of Public Improvement and Special Assessment Agreement for the Property
from Document No. A1521338 attached as Exhibit D.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA:
The Property described in Exhibit A is released and discharged from the Development Contract recorded as Wright
County Recorder Document Number A1014006.
The Property described in Exhibit A is released and discharged from the Development Contract recorded as Wright
County Recorder Document Number A1521342.
3. The Property described in Exhibit A is released and discharged from the Public Improvement and Special Assessment
Agreement recorded as Wright County Recorder Document Number A1521338.
4. The City Administrator is authorized by Resolution 2019-80 to execute the releases of the Development Contracts
recorded as Wright County Recorder Document Number A1014006 and A1521342 on behalf of the City of Otsego.
5. The Mayor and City Clerl<are hereby authorized to execute release of the Public Improvement and Special Assessment
Agreement recorded as Wright County Recorder Document Number A1521338on behalf of the City of Otsego.
(remainder of page blank signatures follow)
ADOPTED by the Otsego City Council this 23rd day of February, 2026.
MOTION BY: Dunlap
SECONDED BY: Goede
INFAVOR: Stockamp, Dunlap, Goede, Lundy and Tanner
OPPOSED: none
CITY OF OTSEGO
Jessica L. Stockamp, Mayor
ATTEST:
Audra Etzef"City Clerk
,� QA�OIU1TEp,�a ,�
r � I •
Nmlm
EXHIBIT A
LEGAL DESCRIPTION
Outlot A, Great River Centre of Otsego Seventh Addition, Wright County, Minnesota, according to the
recorded plat thereof.
X40 12 k 97
(reserved for recording information)
RELEASE OF DEVELOPMENT CONTRACT
RELEASE granted , 2026, by the CITY OF OTSEGO, a
Minnesota municipal corporation ("City")
WHEREAS, the City has been asked to release and discharge real property in Wright County,
Minnesota, legally described as set forth on attached Exhibit "A", according to the recorded plat
thereof ("Subject Property") from the Development Agreement between the City and Apello Group,
LLC, a Minnesota limited liability company ("Developer") dated May 16, 2006, and recorded June
15, 2006, as Document No. A1014006, as amended, in the Office of the County Recorder, Wright
County, Minnesota ("Development Contract");
WHEREAS, all requirements of the Development Contract have been met as to the Property
and there is no longer a need to have the Development Contract recorded against the Property; and
WHEREAS, the City Council of Otsego adopted Resolution 2019-80 authorizing the City
Administrator to execute an administrative release in this matter without further action of the City
Council;
NOW, THEREFORE, by the City of Otsego, Minnesota:
The Subject Property described in Exhibit A is released and discharged from the Development
Contract.
1
238426v1
DATED this day of , 2026.
CITY OF OTSEGO
Adam Flaherty, City Administrator
(SEAL)
STATE OF MINNESOTA )
)ss.
COUNTY OF WRIGHT )
The foregoing instrument was acknowledged before me this day of
, 2026, by Adam Flaherty, City Administrator of the City of Otsego, a
Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted
by its City Council.
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CAMPBELL KNUTSON
Professional Association
Grand Oak Office Center 1
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
651-452-5000
DSIUsmt
238426v1
EXHIBIT "A"
LEGAL DESCRIPTION
Outlot A, Great River Centre of Otsego Seventh Addition, Wright County,
Minnesota, according to the recorded plat thereof.
238426v1
EXHIBIT C
(reserved for recording information)
RELEASE OF DEVELOPMENT CONTRACT
RELEASE granted , 2026, by the CITY OF OTSEGO, a
Minnesota municipal corporation ("City").
WHEREAS, the City has been asked to release and discharge real property in Wright County,
Minnesota, legally described as set forth on attached Exhibit "A", according to the recorded plat
thereof ("Subject Property") from the Development Contract between the City and CN Otsego
Properties LLC, a Minnesota limited liability company ("Developer") dated October 28, 2022, and
recorded November 18, 2022, as Document No. A1521342 in the Office of the County Recorder,
Wright County, Minnesota ("Development Contract");
WHEREAS, all requirements of the Development Contract have been met as to the Property
and there is no longer a need to have the Development Contract recorded against the Property; and
WHEREAS, the City Council of Otsego adopted Resolution 2019-80 authorizing the City
Administrator to execute an administrative release in this matter without further action of the City
Council;
NOW, THEREFORE, by the City of Otsego, Minnesota:
The Subject Property described in Exhibit A is released and discharged from the Development
Contract.
238427v1
DATED this day of , 2026.
CITY OF OTSEGO
Adam Flaherty, City Administrator
(SEAL)
STATE OF MINNESOTA )
)ss.
COUNTY OF WRIGHT )
The foregoing instrument was acknowledged before me this day of
, 2026, by Adam Flaherty, City Administrator of the City of Otsego, a
Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted
by its City Council.
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CAMPBELL KNUTSON
Professional Association
Grand Oak Office Center 1
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
651-452-5000
DSK/smt
2
238427vl
EXHIBIT "A"
LEGAL DESCRIPTION
Outlot A, Great River Centre of Otsego Seventh Addition, Wright County,
Minnesota, according to the recorded plat thereof.
238427v1
I
(reserved for recording information)
PARTIAL RELEASE OF SPECIAL ASSESSMENT AGREEMENT
RECITALS:
A. CN Otsego Properties, LLC, a Minnesota limited liability company ("Owner") is
the fee owner of the property legally described in Exhibit "A" attached hereto and made a part
hereof (the "Property");
B. The City of Otsego, a Minnesota municipal corporation (hereinafter referred to as
"City"), and Owner entered into a Public Improvement and Special Assessment Agreement dated
October 28, 2022, and recorded as Wright County Recorder Document Number A1521338
("Agreement") for the Property.
B. All assessments levied under the Special Assessment Agreement for the Property
have now been paid in full.
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
1. The City hereby confirms the satisfaction and payment in full of the assessments on
the Property.
2. The Property is hereby released from the Special Assessment Agreement.
2384280
CITY OF OTSEGO
Jessica Stockamp, Mayor
(SEAL)
Audra Etzel, City Clerk
STATE OF MINNESOTA )
)ss.
COUNTY OF WRIGHT )
The foregoing instrument was acknowledged before me this day of
, 2026, by Jessica Stockamp and Audra Etzel, respectively the Mayor and City
Clerk of the City of Otsego, a Minnesota municipal corporation, on behalf of the corporation and
pursuant to the authority granted by its City Council.
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CAMPBELL KNUTSON
Professional Association
Grand Oak Office Center I
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
651-452-5000
DSK/smt
2384280
EXHIBIT "A"
TO PARTIAL RELEASE OF
SPECIAL ASSESSMENT AGREEMENT
Legal Description
Outlot A, Great River Centre of Otsego Seventh Addition, Wright County, Minnesota according
to the recorded plat thereof.
2384280 3