HomeMy WebLinkAboutResolution No. 2026-04, Approving a Development Agreement with Endeavor Development, LLC for River Edge Business Center
Resolution No. 2026-04
Approving a Development Agreement with Endeavor Development, LLC
for River Edge Business Center
Whereas, Endeavor Development, LLC (Developer) has made application to the City Council for
approval of the River Edge Business Center located at 7350 Commerce Lane (Development); and
Whereas, the City Council has on November 10, 2025, granted vacation of a drainage and utility
easement for storm water and sanitary sewer purposes, to enable construction of the
Development through relocation of a storm water interceptor and sanitary sewer main pending a
development agreement with the Developer; and
Whereas, the Developer has submitted preliminary plans, and is anticipated to submit final plans
that will complete design for review to the City of Fridley (City) for all site improvements, and
should they meet the requirements of the City and other agencies they will be approved for
construction; and
Whereas, said plans will include certain public improvements that will include a relocated trunk
storm sewer system and a relocated sanitary sewer main that will be owned and maintained by
the City after construction of the development is concluded; and
Whereas, relocation of said utilities are at the sole request of and benefit to the Developer; and
Whereas, the proposed agreement apportions cost of utility relocation and surety to the
Developer.
Now, therefore be it resolved, that the City Council of the City of Fridley hereby approves the
content of the attached Development Agreement with Endeavor Development, LLC for River Edge
Business Center and authorizes execution of the agreement with any final minor modifications
meeting the approval of the City Attorney.
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Passed and adopted by the City Council of the City of Fridley this 5 day of January, 2026.
_______________________________________
Dave Ostwald – Mayor
Attest:
Melissa Moore – City Clerk