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HomeMy WebLinkAbout5876 - ADMIN Resolution - City Council - 1977/10/17r lel October 17, 1977 9f RESOLUTION NO. 5876 RESOLUTION ACCEPTING PARTIAL COMPLETION OF WORK AND AUTHORIZING A REDUCED BOND FOR REMAINDER AND MODIFYING SUBDIVISION CONTRACT, POSNICK ADDITION WHEREAS, pursuant to a written subdivision contract dated 7-24-61 No. 518, I.H. Posnick satisfactorily completed all of the construction of improvements for Posnick Addition with the exception of planting street trees, and WHEREAS, the City Engineer has filed his recommendation for acceptance and filing of a reduced cash bond for such trees, pursuant to the Ordinance Code of the City, reducing said $1,020.00 bond from $1,020.00 to $300.00, and WHEREAS, the $1,020.00 named subdivider has heretofore deposited the sum as a properly executed bond and now has filed a request for -the return of $720.00 for work completed under Contract No. 518, and WHEREAS, property owners have landscaped their properties and have provided trees on or near the boulevard with the exception of three lots, therefore BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota: That subdivision Contract #518 is hereby amended by amending condition No. 5 to read; 5. Boulevard trees shall be planted at 2609, 2624, and 2632 Princeton Avenue prior to May 15, 1978 and the reduction of the bond to $300.00 for the planting of three boulevard trees is hereby accepted and approved effective upon the adoption of this resolution, in lieu of the bond heretofore supplied by said subdivider, and the proper city officers are hereby authorized to reduce such bond to $300.00. 'Attest: Adopted by the y Council October 17, 1977. 9 IvyaL„..., 'City Clerk Review -d for admi ki ii Cit M:na rt lA City At orney Mayo ation: Approved as to form and legality: