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MEMORANDUM <br />TO: Randy <br />FROM: Mary, Paula, Laurie <br />DATE: October 27, 1992 <br />RE: Old Escrow Accounts <br />Attached, please find a table listing all escrows that have been <br />dormant for years. One of the requests in the Management Report <br />was to clear up or close all old escrow balances. Following are <br />our suggestions for doing this. <br />1.) A & G Enterprises - John Miller had $1,430 in planning time <br />that has never been credited to the General Fund. The additional <br />$7.42 was for Press Publications that was charged to the General <br />Fund. <br />2.) Twilight Acres - this bill dates back to 1989 and we know we <br />will not be able to collect. <br />3.) Otter Bay (Bob Adamson) - There is a project in the Interim <br />Construction Fund for this also that this will help offset that <br />deficit. <br />4.) D. Erickson 1st Phase - Combine with #11 for planning time. <br />5.) Sherwood (Charles Nelson) - Paula remembers being told that <br />this is the City's responsibility. <br />6.) Forest Glen (Jack Menkfeld) - In 1985, too much was reimbursed <br />to him. <br />7.) Lino Air Park (Roger Kolstad) - We can't find the records and <br />this is too insignificant to deal with. <br />8.) Mardon Homes - There was a misunderstanding between the <br />developer and the City that is 6 years old and the developer will <br />defend themselves if they have to. I am sure the statute of <br />limitations is up for this bill. <br />9.) Canfield - Added to the list by Tautges and we don't have <br />backup on this. Too small to deal with. <br />10.) Lakes #8 (El Rehbein) - John Miller had planning time that <br />was never credited to the General Fund. <br />11.) D. Erickson 2nd Phase - No planning time was credited to the <br />General Fund. <br />