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HomeMy WebLinkAboutResolution 1061Ni). 10(A COUNTY 01" RMSE7 TAV k 701'rJ40F.TVATTON TO 146DUCE, I&TTER ()U' AtAnTIMT RY,0111HPI) FOR D.A. NO. 19--'V WHLREAS, the- D611010-1-jor (-)-' Mounds View Industrii-I Park #3 444 yoquirecl by lieveloptnunt ialical--rit 14o. 79-?') provide a lotte-r of credit Ifi ME, amola--t Of $150,000-00; R"d development �s in aracerdanne vfith tho requirnments (if rjeve-10P� mant AorpeM/ont No. 79-291 Lnd 111jElt _', t1je D -!riper haB 2oMpileted a maior pof tlOn LAs - eve of the raquiremen'A' of D.A. #79-291 ond wHRREAS, the items remaining to bw qompleted pursuant Ot-0, Which includes to Dihi #79-29 are estimated tb be $20,85 0 an oVerall 101 retainsqui NW, TUSXWM, U IT USOLVID that the CitY:CQUnQi1 of the CLty of Mound a Viuw autht)rItts the reduction of the -J*tur -of-,arsdit from $150,000. 00 to f-20-, OSO. 31 IT FURTUNA PzooLmso thnt the final releass of f not ou til the ig-o"16tion and final- o 850too will cc r Un A *0#rr6v*j of -the _t4WVfj*pmnt Alretment #-7tv-34- requi"Mitts, Ad"ted this 3 -rd -day- of JanuArY, -1-980- 0 A ark n1stratror