Res 09-2025

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TOWN COUNCIL OF CENTREVILLE

RESOLUTION 09-2025

A RESOLUTION OF THE TOWN COUNCIL OF CENTRE,VILLE TO AUTHORIZETHF.

EXECUTION OF A PUBLIC WORKS AGREEMENT WITH COURSEVALL, LLC AND

MID-ATLANTIC REAL ESTATE INVESTMENTS, INC.

WHEREAS, Coursevall. LLC owns an unimproved parcel of real property located on Laser Drive in Centreville, Maryland. being a portion of the land more particularly described in a deed dated June 20,2008 from Coursevall, LLP to Owner and recorded among the Land Records ofQueen Anne's County at Liber S.M. 1797, folio 98;

WHEREAS, Mid-Atlantic Real Estate Investment, Inc. is the contract purchaser of 5.004 acres of the Property, which Developer is subdividing into three lots (N, O and P) (cotlectively, the "Property") and intends to develop as a mixed-use shopping center consisting of inline and pad retail and restaurant spaces ("Project");

WHEREAS, on April 16,2025, the Project received final subdivision plat approval and on May 21.2025, the Project received final conditional site plan approval.

WHEREAS Coursevall, LLC, Mid-Attantic Real Estate Investment, Inc. and the Town wish to enter into a Public Works Agreement to govem the terms and conditions of the construction of the Project, a copy of which is attached hereto as Exhibit A.

NOW THEREFORE, the Town Council of Centreville hereby resolves as follows:

l Section The recitals set forth above are incorporated herein by reference and made a part of this Resolution;

Section 2. The Public Works

Agreement attached to this Resolution as Exhibit "A" is hereby approved;

Section 3. The Town

Manager may make any non-substantive changes to the auached Public Works Agreement necessary to effectuate the purpose of this Resolution;

Section 4. The Town

Manager is hereby authorized to take whatever additional actions are reasonably necessary to effectuate the terms of this Resolution;

Section 5, This

Resolution shall be effective immediately.

THIS 9{ of SePle"nbcr READ AND PASSED day , zOZS.

BY ORDER: We hereby certiry that Resolution Number 09-2025 is true and correct and duly adopted by the Town Council of Centreville, Maryland.

ATTEST: THE TOWN COUNCIL OF CENTREVILLE

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R. Gaye .ldams . E.q.. President Town Clerk Vice President b?/r B. Worth, Member Jim A. Member bA"+ S Huffer. Member