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-4- <br />the bills and administrative costs for Project 1975 -4 were not <br />included. We have reapportionment of assessments cost of $675 <br />plus other administrative costs not included in the Project <br />assessment; and that is why we would like to consider increasing <br />the fee schedule. <br />Bob Carlson, Brentwood Development Co., stated that he and <br />Ed Dropps, the other developer, were satisfied with the conditions <br />and prepared to go along with the wording. But he stated the <br />bank doesn't want to issue an open ended letter of credit. He <br />asked regarding putting up a cashier's check in lieu of the bond <br />in order that they might apply for a building permit this week. <br />They would want to trade the cashier's check for a bond next week. <br />Atty. Meyers indicated bond suits are hard to deal with, would <br />rather see something more negotiable; however, he gave his approval. <br />Mayor Johnson indicated he would be available to sign the agreement <br />when the cashier's check is delivered. <br />MSP (Shelquist- Hodges) to adopt Resolution No. 728 authorizing mayor <br />and administrator to enter into contract putting into force <br />the Mounds View Development Agreement No. 76 -2 with White Oak <br />Estates subject to receipt of a negotiable bond or similar posting <br />and after the Attorney's review and approval of the bond. 5 ayes <br />MSP (Hodges - Pickar) to adopt Resolution No. 729 approving the <br />final plat of White Oak Estates Third Addition. 5 ayes <br />Administrator Achen inquired as to the dates for commencement <br />and completion of the improvements per paragraph 12 of the <br />contract. Bob Carlson agreed to commencing work no later than <br />May 20, 1976, and completion of construction no later than <br />June 15, 1976. Mayor Johnson pointed out that this is a tight <br />schedule, and Carlson indicated that is what he wanted. <br />Mayor Johnson indicated to John Bearden that Comstock & Davis <br />would have to inspect this project. <br />MAJOR SUBDIVISION REQUEST OF SELMER SAKARIASON FOR CHAPMAN 2nd <br />SECOND ADDITION. Adm. Achen summarzied what had taken place <br />on this request since the last Council meeting. Council had, <br />in essence, approved the preliminary plat as designed; the problem <br />was that two structures were existing on land astride property <br />lines which would be in violation of City zoning code. The <br />structureshave to be removed before the final plat is approved. <br />The property owner has arranged sale and construction of new <br />home on northernmost lot. Staff recommends the owner present <br />to the City a recordable deed for Lot 1 (the northernmost lot) <br />so that if for some reason the final plat is not approved and <br />recorded, the City may record the deed for Lot 1. The developer <br />