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v <br />R-80-10 <br />RESOLUTION <br />CITY OF LAKE ELMO <br />WASHINGTON COUNTY, MINNESOTA <br />A RESOLUTION REDUCING THE DEVELOPER'S PERFORMANCE BOND <br />AND EXTENDING THE TIME OF COMPLETION FOR THE PLAT OF <br />EDEN PARK 2ND ADDITION <br />WHEREAS, the developers of Eden Park 2nd Addition have <br />completed a substantial amount of the improvements required for <br />final approval by the City; and <br />WHEREAS, the developers now have been unable to complete <br />the project on its original completion date: <br />NOW, THEREFORE BE IT RESOLVED, by the City Council of the <br />City of Lake Elmo as follows, to -wit: <br />1. The developer's performance bond for the developer of <br />the plat of Eden Park 2nd Addition may now be reduced to the sum <br />of $11,000.00. <br />2. The developer's time of project completion is hereby <br />extended to July 1, 1980, to allow adequate time to complete <br />the project in favorable weather. <br />Adopted by the City Council of the City of Lake Elmo this <br />9th day of February, 1980. <br />Thomas G Armstrong, Mayor <br />Attest: <br />am/U/ itt ( , W " <br />Laurence Whittaker, City Administrator. <br />J <br />