06-07-55 Council Minutes - Laserfiche WebLink

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Regular Meeting - June 7, 1955 Mr. Robert Evans, a contractor who is constructing twenty- four homes on Dawson's Suburban Lots in the vicinity of McMenemy Road about a half block North of County Road B, explained his pro- ject and described the lots on which the houses are to be built. The lots are 150 ft. x 230 ft. Mr. Memmer presented a contract which had been executed by Mr. Evans and the Fielding and Shepley Contract- ing Co. together with a surety bond executed by the James Investment Co. to guarantee completion of the road work, which includes con- struction, graveling, surface stabilization with black top, and con- struction of curbs and gutters. Upon motion by Nadeau, seconded by Loeffler, it was resolved: "WHEREAS, the James Investment Co. is developing Lots 29 and 30 of Dawson's Suburban Acres within the Village of Little Canada and has entered into an Under- taking Agreement with the Village and posted a surety bond to guarantee compliance with the Viilaye rules and regulations pertaining to the construction of streets, roads, gutters, and curbs, and "WHI.RF.AS, the Veterans Administration will waive its requirements for escrow deposits to cover the costs of offsite road improvements if it has a resolution from the Village Council unequivocally assuming respon- sibility for the construction of such roads without as- sessment to individual lot purchasers; "NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COllN- CI1_ OF THE VILLAGE OF LITTLE CANADA, That the Village enter into an Undertaking Agreement with James Investment Co. and I~ieiding & Shepley, Inc., whereby the said cor- porations jointly and severally agree to construct, grade and stabilize the roads and curbs and gutters thereof within Blocks 7_9 and 30 of Dawson's Suburban Acres in accordance with all of the specifications, requirements, rules and regulations of the Village pertaining thereto, the said roads and provisions of the contract being as follows: "1. The following streets to be completed on or be- fore July 1, 1956: 3rd Avenue between Desoto St. and McMenemy St. Laurie Rd.(2d Ave.) " Desoto St. " McMenemy St. Desoto Street " Laurie Rd. " 3rd Avenue Arkwright Street " Laurie Rd. " 3rd Avenue anti that the Village accept the performanr.e bond of James Investment Co, executed by a corporate surety authorized to do business in the State of Minnesota, said bond to be in the amount of Fourteen Thousand Nine Hundred Seventy- Three and 20100 Dollars (~611~,973.?_0), said bond conditioned upon doing the wort{ and furnishing all of the materials necessary therefor and completing the said streets at the date specified all in strict compliance and conformity with the said Undertaking Agreement and the specifications of the Village c Little Canada. - 2 -