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HomeMy WebLinkAbout87-13 - ADMIN Resolution - City Council - 1987/02/026 RESOLUTION NO. 87-13 RESOLUTION REDUCING PERFORMANCE BONDS FOR ASPENWOOD SUBDIVISION WHEREAS, pursuant to a written contract dated October 1, 1984, No. 1641, Centurion Company, now the Park Avenue Company, has completed sanitary sewer, storm sewer, water utility, tree planting, street restoration, and sealcoating improvements for the Aspenwood Subdivision, and WHEREAS, said improvements have been inspected and accepted by the City. THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park that irrevocable letter of credit No. 1006 from Midwest Federal is hereby released. Attest: City Clerk/ Adopted by the City Council Febbruary 2, 1987 44af Reviewed for administration: Approved as to form and execution: