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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 1st, 2nd and <br /> 3rd Additions and Oneka Parkway Extension <br /> D.R. Horton had requested the City accept the improvements for Clear Water Cove 1st 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 1't <br /> Addition Site Grading <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 Ist Addition be reduced to $68,400.00. <br />