HomeMy WebLinkAboutResolution 1092INITY 0V MMI -y
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I-I!TIl()PT7TN(- Till' ill' ' I)Iit"1'1()N (JI,
OF CREVIT rUR DEVF-jA)PMHNJI AGRENM-NT No.
WUREAS, the URVV1UP"L (jAKwjltwu0d puv4plopmans- Co�.Apany) of
White Oak matater Third Addit-ibn -:111bMitiLI: a lotter of Credit as
raquired by Dev"I-OPMOF)t A44reamiLmr- No. 7b-2 for th0 dEWIR101--1110fit Of
tile White Oak Ustates T11ird Additibil 1-AfOPti-i7tiGH, and
WHEREAS, the Prvel,7pu,� hitti d--veloped all but two of thd
eighteen lots platted; and
WH,EREAS, the L)e,te-loper has requer-ted tho rolenria of thQ
letter of araditt and
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WHERM, !.�AS 8 Aild 9, nuck i, of White oak Extate" 141hird
Adt4ition are not developedl and
Wgepy", total completion and approval of the d*VVIOPM#nt
before the City can r oloame the total letter of creditt
NOW THDRUORE BE IT R-59OLVED that the My council of the
ife VAAW autwrizo thim reduction Of ths letter of
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