City Council Resolution 2026-30 (Amnd PUD Stony Brook)CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO.2026-30
A RESOLUTION APPROVING THE FIRST AMENDMENT TO DEVELOPMENT CONTRACT AND
PLANNED UNIT DEVELOPMENT AGREEMENT FOR STONY BROOK VILLAGE
WHEREAS, on September 13, 2021, the City entered into a Development Contract and
Planned Unit Development with Mark Elliot Homes, LLC, a Minnesota limited liability company
("MEH"), related to the plat known as .STONYBROOK VILLAGE (the "Development Contract"); and
WHEREAS, the Development Contract affects and concerns the real property legally
described on the attached Exhibit A (the "Property"). The Development Contract was recorded
on April 27, 2022 as Document No. A1505364 in the Office of the Wright County Recorder; and
WHEREAS, construction of the Improvements as required by the Development Contract
has commenced but has not been completed in full; and
WHEREAS, the Developer is the fee owner of the Property and the successor in interest
to MEH; and
WHEREAS, as successor in interest, the Developer is responsible to the completion of
Improvements as required by the Development Contract; and
WHEREAS, the First Amendment to Development Agreement and Planned Unit
Development Agreement for Stony Brook Village provides for the status and completion of
Improvements as required.
NOW, THEREFORE, BE IT RESOLVED, the City Council of the City of Monticello, Minnesota
hereby approves the First Amendment to Development Contract and Planned Unit
Development Agreement for Stony Brook Village and authorizes the Mayor and Clerk to
execute documents necessary to effectuate the Amendment upon submission by the Successor
Developer of all escrows and financial securities required under the Contract and Agreement.
ADOPTED this 27th day of April 2026, by the City Council of the City of Monticello,
Minnesota.
ATTEST:
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City Clerk
MONTICELLO CITY COUNCIL
Y
Lloyd Hilgart, Mayor
I HEREBY CERTIFY that the above is a true and correct copy of a resolution presented to and
adopted by the Municipality of Monticello, County of Wright, State of Minnesota, at a duly
authorized Municipal Council Meeting held in the Municipality of Monticello, Minnesota on the 27th
day of April, 2026, as disclosed by the records of said Municipality on file and of record in the office.
Municipality of Monticello