HomeMy WebLinkAboutgr00090_000052_pg006MOUNDS VIEW CITY COUNCIL
Page 5
Regular Meeting
January 3, 1980
Attorney Meyers affirmed that the proper approvals,
as required by law, had been obtained.
Forslund moved to approve Resolution 1059 and dis-
pense with the reading of it. It was seconded by
McCarty.
The motion carried.
5 ayes
0 nays
Rowley moved to adopt Resolution 1060 and dispense
with reading it aloud. It was seconded by McCarty.
5 ayes
The motion carried. 0 nays
Rose explained that Development Agreement 29 -79
covers platting of Mounds View Industrial Park #3
installation of public improvements for that plat.
Resolution 1061 would require the City to reduce the
letter of credit to $20,850.00. The City expects to
spend $8,680 on in -house costs, has received $6,510,
leaving $2,170 to be paid for services.
James Trucker was present. He said they feel the
$14,350 figure is too excessive and it should be
modified to 2 %. Trucker asked whether the 10%
represented a City policy or state -of- the -art.
Meyers assured him it was City policy.
McCarty called for the question. It was seconded
py Ziebarth.
The motion carried.
5 ayes
0 nays
McCarty moved to reduce the retainer to 2% and
retain $6500 plus 2% of the completed work amount of
$143,500, per Staff recommendation to complete the
punch list for Mounds View Industrial Park #3. It
was seconded by Hodges.
2 ayes
The motion failed. Nay votes were: 3 nays
Ziebarth, Rowley, Forslund.
Rowley moved to adopt Resolution 1061 and dispense with
reading aloud. The first paragraph of the resolution
should be corrected to $20,850.00. Before reduction takes
place, the additional fee of $2,170 should be paid, per
Staff memo dated 1/3/80. It was seconded by Forslund.
5 ayes
The motion carried. 0 nays
In reference to staff informational materials provided
under Resolution 1061 being presented to Council at the
meeting, McCarty requested that, in the future, Council
should receive information in a timely manner.
5. PUBLIC HEARING -- PLEASANT
VIEW COURT (Continued)
REDUCTION OF LETTER OF CREDIT
FOR MV INDUSTRIAL PARK #3