Laserfiche WebLink
0 <br />August 3, 1982 <br />C�� 0 <br />out s 1ow <br />IIAMSEV CO(IN IV. Id INNESOIA <br />2401111GRIVAY 10 <br />`IOIINnS VII W. MINN W., 2 <br />704-3055 <br />Mr. Robert Eigneheer <br />12015 Central Avenue N.li. <br />Blaine, MN 55434 <br />Re: Odgewood Square Ucvelopment Agreement No. 82-52 <br />Dear Mr. Eignenheer: <br />This letter is to confirm our convera.-Lion on July 28, 1982 <br />concerning the ilg above development agreement and questions that <br />you had concerning some of Lhc paragrapys; <br />1) It has always been City policy to require a per lot bond <br />® from the developer to ensure proper location, siting and <br />grading of the individual home units. It has been the <br />constructed. <br />Policy to allow reduction of the bond amount as homes are <br />• <br />2) Exhibit 2A, Items 1 and 2. Ite;,; I requires the developer <br />L� pay all. bills as they occur on the project. <br />Item 2 requires <br />the placing of a cash escrow amount, usually <br />publiamount•of known oxpenses or c:xpecLed expenses such as <br />c hearing costs. When the fund is exhausted, 1 <br />requires the developer to continItem <br />Ile paying additional <br />expenses. If Item 2 escrow amount is not util.ize(I com- <br />pletely then the City would refund the balance of the <br />escrow amount. <br />3) No. 9113.Exhibit 2A, Item 5. This is a requirement of Resolution <br />developer is reResolution No. 983 states in part that the <br />desponsible for maintenance of the drainage <br />facilities as part of the devel.opulrnt for a period of seven <br />years. Depending on the situ of Lhu devolopment, the City <br />establishes a bond amount to be po;;tcd a.,. part of the final <br />Plat- In your case, this amount has been determined to be <br />$5,000. <br />4 4) Exhibit 2A, Item 7. 1'ho Ctly ha:: processed .: reapportion- <br />ment of all pending :grec.ial anre:::nm'nl:n on Lhc parcel known <br />1 <br />