HomeMy WebLinkAbout2018-019 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 18-19
APPROVING ESCROW DEPOSIT AGREEMENT
JORGENSON CONSTRUCTION INC.
FIRE STATION NO. 2
WHEREAS, pursuant to Resolution No. 15-20, adopted February 23rd, 2015, the City Council
awarded the contract for the Fire Station No. 2 Project to Jorgenson Construction Inc.; and
WHEREAS, Jorgenson Construction, Inc. has completed construction of the project requirements
with the exception of twelve replacement trees due to seasonal restrictions; and
WHEREAS, the City and the Contractor wish to enter into an escrow agreement whereby the
City holds 125% of the value of the trees in escrow until such time as the tree plantings are
completed and approved by the City.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino Lakes that the
Escrow Deposit Agreement is hereby approved and the Mayor and City Clerk are authorized to sign
the agreement on behalf of the City.
Adopted by the Council of the City of Lino Lakes this 26th day of February, 2018.
.-� The motion for the adoption of the foregoing resolution was introduced by Council Member
Rafferty and was duly seconded by Council Member Maher and upon
vote being taken thereon, the following voted in favor thereof:
Rafferty, Maher, Manthey, Stoesz, Rei -rt
The following voted against same: % \
none
ATTEST:
Julia e Bartell, Cit Cler
Jeff Reinert, M