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<br />OPTIONS: Reduce the security amount held for Dairy Queen (9923 Hudson Blvd) in accordance with Site <br />Improvement Agreement or Do not approve the reduction in the current security amount. <br /> <br />RECOMMENDATION: Staff is recommending that the City Council, as part of the Consent Agenda, <br />accept the improvements and approve the security reductions as detailed in the attached respective <br />worksheets for the Dairy Queen (9923 Hudson Blvd) project, contingent on the developer being current <br />with all payments and obligations in accordance with the Site Improvement Agreement, including a positive <br />escrow balance as required by the City. If removed from the consent agenda, the recommended motion for <br />the action is as follows: <br /> <br />Move to accept the improvements and approve the security reduction as detailed in the attached <br />worksheet for the Dairy Queen (9923 Hudson Blvd) project, contingent on the developer being <br />current with all payments and obligations in accordance with the Site Improvement Agreement. <br /> <br /> <br />ATTACHMENTS: <br /> <br />1. Certificate of Completion. <br />2. Security Reduction Worksheet.