HomeMy WebLinkAbout85-239 - ADMIN Resolution - City Council - 1985/12/16RESOLUTION NO. 35-239
RESOLUTION REDUCING PERFORMANCE BONDS
FOR SUNSET RIDGE 2ND ADDITION
WHEREAS, pursuant to a written subdivision contract dated December 19, 1981, No.
1651, the Darrel Farr Development Corporation (DFDC) has satisfactorily completed all
the construction of the improvements for the Sunset Ridge 2nd Addition in accordance
with Contract No. 1651, with the exception of landscaping, boulevard tree placement
and street restoration; and
WHEREAS, the Director of Public Works has filed his recommendation for
acceptance and filing of a reduced cash bond No. 981958 from $40,000 to $15,000; and
THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park that
all of the work required under the subdivision contract for the above named plat is
hereby accepted and approved, and Bond No. 981958 is hereby reduced to $15,000.
Adopted_by the City Council December 16, 1985
'L& 6 -
"or
Att t:
City Cler
Reviewed for administration:
Approved as to form and legality:
City Attorney