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LAKE ELMO CITY COUNCIL MINUTES AUGUST 21, 1984 PAGE 3 D. Kenneth Neudahl - Teal Pass Estates request for partial escrow release. The Engineer stated he received a request to have a partial release of the cash escrow that is on deposit with the City for Teal Pass Estates. The City has made one other partial release in the past (December of 1983 when the grading was completed). The remaining balance on the Teal Pass escrow is $24,270.62. The Neudahl's are asking for a release for the finished grading, the gravel base, and a portion of the engineering and inspection costs which amounts to a release of $15,939.37. The Neudahl's have supplied invoices from the contractors to verify their requests. The blacktopping is done and the Neudahl's are not requesting a release for that yet. A figure of $8,331.25 will remain in escrow and this is the remaining cost of the value of the work times 125%. It was recommended by the City Engineer that the escrow that could be released is $15,939.37. M/S/P Eder/Dunn - To approve a partial escrow release to Teal Pass Estates in the amount of $15,939.37 for the finished grading, gravel base and a portion of the engineering and inspection costs which have been completed. (Motion carried 3-0). The City Engineer updated the Council on the Street Improvement Program. Last week the wearing course (the final layer of blacktop) was put on the State Aid job, the Teal Pass project, Jamaca Avenue and Jane Road North. What remains is some driveway work, landscaping and the gravel shouldering on the State Aid Project which is planned to be done on August 22, 1984. The City Engineeer updated the Council on the 201 Program. Mrs. Hagberg has obtained the necessary soil tests and desires to be included in this program. The two other residents that were given the option of providing their own soil tests have chosen to come into the program and have had their soil tests prepared and wish to participate in the program. 5. City Council Reports The Mayor asked that the Councilmembers pay special attention to the forthcoming letter from the DNR. We are going to be running into a snag on the 509 Program because VBWD was working with the DNR since last February and all of a sudden the DNR is not willing to go along with the plan. 6. City Administrator's Report A. 1985 City Audit Contract with Voto, Reardon, Tautges, & Co. After a brief discussion, and with a favorable recommendation from the City Staff for approval, the following action was taken. M/S/P Fraser/Dunn - To award the 1985 City Auditing Contract to the firm of Voto, Reardon, Tautges & Co. (Motion carried 3-0).