HomeMy WebLinkAbout88-15 - ADMIN Resolution - City Council - 1988/02/01r
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RESOLUTION NO. 88-15
RESOLUTION ACCEPTING COMPLETION OF WORK AND PLATTING REQUIREMENTS
AND AUTHORIZING RELEASE OF STANDBY LETTER OF CREDIT
FOR 4725 HIGHWAY 7
WHEREAS, pursuant to a written contract dated January 29, 1987, No. 1795,
Robert H., Meyers and Associates has completed site improvements and platting
of the property at 4725 Highway 7.
WHEREAS, said improvements have been inspected and found all of the above
improvements to be completed in a satisfactory manner; and
THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis
Park that irrevocable Standby Letter of Credit Number SB4825 from Norwest Bank
Minneapolis, N.A. is hereby released.
Adopted by the City Council February 1, 1988
Reviewed for administration:
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ity Manager
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Approved as to form and execution: