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HomeMy WebLinkAbout87-118 - ADMIN Resolution - City Council - 1987/09/08RESOLUTION N0. 87-118 RESOLUTION REDUCING PERFORMANCE BOND FOR SHOREWOOD 1ST ADDITION WHEREAS, pursuant to a written contract dated June 1, 1987, No. 1808, Shorewood 1st Addition, has completed sanitary sewer extensions, watermain extensions, street paving, curb and gutter, boulevard sod and street tree improvements for the Shorewood 1st Addition, and WHEREAS, said improvements have been inspected but not accepted by the City, and WHEREAS, street paving, curb and gutter, boulevard sod and street trees remain to be completed under said contract. THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park that the Cashier's Check No. 210762 from Shelard National Bank is hereby reduced from $20,000 to $11,300. Adopted by the City Council September 8, 1987 Attest: Reviewed for administration: , , y Manager Approved as to form and execution: City Attorney