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HomeMy WebLinkAbout5877 - ADMIN Resolution - City Council - 1977/10/171 OCTOBER 17, 1977 llb RESOLUTION NO.5877 RESOLUTION ACCEPTING PARTIAL COMPLETION OF WORK AND AUTHORIZING A REDUCED CASH BOND FOR REMAINDER WESTWOOD ESTATES 4TH ADDITION WHEREAS, pursuant to a written subdivision contract dated November 29, 1976, No. 1183, McNulty Construction Company satisfactorily completed all of the construction of improvements for Westwood Estates 4th Addition with the exception of planting street trees, boulevard sodding, and bituminous overlay, and WHEREAS, the City Engineer has filed his recommendation for acceptance and filing of a reduced cash bond for such trees, sodding, and bituminous overlay, pursuant to the Ordinance Code of the City, reducing said cash bond from $36,000.00 to $15,274.00, and WHEREAS, the above named subdivider has heretofore deposited the cash sum of $36,000 as a properly executed cash bond and now has filed a request for the return of $20,726 for work completed under Contract No. 1183, therefore BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota: That all of the work required under the subdivision contract for the above named plat is hereby accepted and approved except for the planting of trees, sodding and bituminous overlay, and the reduction of the cash bond to $15,274 above described is hereby accepted and approved effective upon the adoption of this resolution, in lieu of the cash bond heretofore supplied by said subdivider, and the proper city officers are hereby authorized to refund such cash deposit in the sum of $20,726. Adopted by the City Council Octo Approved as to form and legality: