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Hugo City Council Meeting Minutes for January 8, 2018 <br />Page 6 of 11 <br />Approve Animal Control Service Contracts with Companion Animal Control and Otter <br />Lake Animal Hospital for 2018 <br />Since July 2013, Companion Animal Control and Otter Lake Animal Hospital had been <br />providing animal control services to the City. Adoption of the Consent Agenda approved the <br />continuation of the current contracts with Companion Animal Control and Otter Lake Animal <br />Hospital for 2018. <br />Approve Reduction in the Letter of Credit for DR Horton for Clearwater Cove 1st <br />Addition <br />DR Horton, developer, had requested the City reduce the letter of credit being held for <br />Clearwater Cove 1st Addition to 10% of the original letter of credit in the amount of <br />$2,358,574.38. Adoption of the Consent Agenda approved the letter of credit being held for the <br />constructed improvements in Clearwater Cove 1St Addition be reduced to $235,857.43. <br />Approve Reduction in the Letter of Credit for DR Horton for Clearwater Cove 4th <br />Addition <br />DR Horton, developer, had requested the City reduce the letter of credit being held for the <br />Clearwater Cove 4th Addition to 10% of the original letter of credit in the amount of $497,311.00. <br />Adoption of the Consent Agenda approved the letter of credit being held for the constructed <br />improvements be reduced to $49,731.11. <br />Approve Acceptance of Improvements for D.R. Horton for Clearwater Cove 1 st, 2nd and <br />3rd Additions and Oneka Parkway Extension <br />D.R. Horton had requested the City accept the improvements for Clear Water Cove 1 st thru 3rd <br />Addition and Oneka Parkway Extension. Adoption of the Consent Agenda approved acceptance <br />of the improvements and start of the one year warranty period. <br />Approve Release of the Letter of Credit and Escrow for Everton Investment/Pratt Homes <br />for Fable Hills 4th Addition <br />Everton Investments, developer, had requested the City release the letter of credit being held for <br />the Fable Hills 4th Addition (LOC # 4935-82). Adoption of the Consent Agenda approved the <br />release of the letter of credit being held and any escrow for the constructed improvements in the <br />Fable Hills 4th Addition. <br />Approve Reduction in the Cash Escrow for The Excelsior Group for Adelaide Landing 11t <br />Addition Site Gradinjz <br />The Excelsior Group, developer, had requested the City reduce the cash escrow being held for <br />the Adelaide Landing 1St Addition to 40% of the original cash escrow in the amount of <br />$171,000.00. Adoption of the Consent Agenda approved the cash escrow being held for the site <br />grading in the Adelaide Landing 1St Addition be reduced to $68,400.00. <br />