HomeMy WebLinkAboutResolution 1174IT Y 01' M01 - INDu V I I.- W
C-DIJI-ITY or PAM!if:Y
APTHORIZATION TO RFF)tJCjj CASH ESCROW' OF DEVELOPME-11141T
AGREEMENT 77-9
WFE'RY'A 55 , the Devel opo F (R i !q co;js tr uc-7 t oil
was roquired by Developriont AqrTement No. 77-9
provide a cauh L260row in Cho =!mount of 67,500.001 and
t-i'lUREAS, thO carmil 0—YOw to assure the
development is in accordance with tile requirpitentm
bf Diavalopmenf Agroo-AwInt "n. 77�91 and
(JEAL)
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WHPftE;A0_, gli,CC 1,11i, a-doption of Rumplution No.
1032 which reduopd the canh ascr-.)w amount from
$7,500.00 to $b,000.00 a ftirther additional portion
uf the requiremoots of nd�velopfrvnt A"greement No. 77-9
have been complated and approved; anj
NOW, -7 - ____
'HUIRErc&L, BE IT RESOLV90, th&t the City
Council Of the City of Mounds View authorixes tho
v0duction of the aaah escrow from $5,000.00 to
02 0 r00.
ZROLVID, � thAt th
Att MftlkTHER A W final -rpl eso
FT
f C 300i00 will riot occ-ur until the coympleitiofl
end final spprovtl of the
Ado pted this 14th day of octoboi, 1000,
ATTESTt
(JEAL)
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