HomeMy WebLinkAbout95-17 - ADMIN Resolution - City Council - 1995/02/21RESOLUTION NO. 95-17
RESOLUTION ACCEPTING PUBLIC IMPROVEMENTS
FOR THE MONTEREY PARK SUBDIVISION
AND RELEASING LETTER OF CREDIT
WHEREAS, pursuant to a written contract for public improvements for the
Monterey Park subdivision dated October 17, 1988, City Contract No. 1900, J.D.
International, Inc. has completed sanitary sewer, storm sewer, watermain, and
street/alley construction for Monterey Park townhouse subdivision, and
WHEREAS, said public improvements have been inspected and found to be in
compliance with City specifications, are hereby accepted by the City;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St.
Louis Park, Minnesota that Letter of Credit No. 5310 with Signal Bank,"Inc.
100 Signal Hills, West St. Paul, MN 55117 for $55,000 (Fifth Five Thousand
and no/100 Dollars) is hereby released.
Adopted by the City Council February 21, 1995
Attest:
4044Atiaj
City Clerk /s/ Bevr
yy Flanagan
Review for administration:
Approved as to form and execution:
Cit Attorney /s/ Su;i.-a Pace