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IT Y 01' M01 - INDu V I I.- W <br />C-DIJI-ITY or PAM!if:Y <br />APTHORIZATION TO RFF)tJCjj CASH ESCROW' OF DEVELOPME-11141T <br />AGREEMENT 77-9 <br />WFE'RY'A 55 , the Devel opo F (R i !q co;js tr uc-7 t oil <br />was roquired by Developriont AqrTement No. 77-9 <br />provide a cauh L260row in Cho =!mount of 67,500.001 and <br />t-i'lUREAS, thO carmil 0—YOw to assure the <br />development is in accordance with tile requirpitentm <br />bf Diavalopmenf Agroo-AwInt "n. 77�91 and <br />(JEAL) <br />W - _. .. <br />A�ro_ 7 <br />WHPftE;A0_, gli,CC 1,11i, a-doption of Rumplution No. <br />1032 which reduopd the canh ascr-.)w amount from <br />$7,500.00 to $b,000.00 a ftirther additional portion <br />uf the requiremoots of nd�velopfrvnt A"greement No. 77-9 <br />have been complated and approved; anj <br />NOW, -7 - ____ <br />'HUIRErc&L, BE IT RESOLV90, th&t the City <br />Council Of the City of Mounds View authorixes tho <br />v0duction of the aaah escrow from $5,000.00 to <br />02 0 r00. <br />ZROLVID, � thAt th <br />Att MftlkTHER A W final -rpl eso <br />FT <br />f C 300i00 will riot occ-ur until the coympleitiofl <br />end final spprovtl of the <br />Ado pted this 14th day of octoboi, 1000, <br />ATTESTt <br />(JEAL) <br />W - _. .. <br />A�ro_ 7 <br />