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MEMO TO: MAYOR AND CITY COUNCIL <br />FROM: CITY PLANNER <br />DATE: MARCH 17, 1988 <br />SUBJECT: RELEASE OF BOND - MOUNDS VIEW RESIDENCE, INC. <br />Kraus -Anderson Construction Co. has requested release of the <br />Bond submitted to the City for the Mounds View Residence, <br />Inc. (Wildwood Manor). <br />Above and beyond the normal improvements associated with the <br />development (i.e., sidewalks, landscaping, parking), the <br />Developer was directed cc install an additional parking area <br />on site per the Development Agreement. In reviewing the <br />site the extended parking area meets the plans submitted. <br />STAFF RECOMMENDATION: Because the Developer seems to have <br />completed all required improvements to the site, Staff <br />recommends release of the bond. <br />KH/mjs <br />