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CITY OF LAKE ELMO <br />WASHINGTON COUNTY,1vIINNESOTA <br />RESOLUTION NO. 2002-085 <br />A RESOLUTION GRANTING AUTHORIZATION TO ISSUE ESCROW <br />REFUNDS PRIOR TO COUNCIL ADOPTION OF CLAIMS <br />WHEREAS, the Lake Elmo City Code requires a builder to deposit a $1,000 <br />escrow deposit for driveway /erosion control for new construction and remodeling <br />projects. <br />WHEREAS, when the City completes the final inspection of streets, grading and <br />vegetation, a check is processed for payment back to the builder. <br />NOW, THEREFORE, BE IT RESOLVED, in an effort to reduce the delay and <br />minimize builder and resident frustration, the Finance Director is hereby authorized to <br />refund escrow payments, not to exceed $5,000.00, after completion of final inspection <br />and signoffby the Building Official. <br />FURTHERMORE, the escrow refunds will be reported as claims at the Council <br />meeting immediately following their issuance. <br />ADOPTED, by the Lake Elmo City Council on the 3rd day of September, 2002. <br />. t2 <br />Lee Hunt, Mayor <br />ATTEST: <br />Ma Ku Zer, City A ministrator <br />Escrow Refunds <br />