01-008• CITY OF SHOREWOOD
RESOLUTION NO. 01- 008
A RESOLUTION ACCEPTING STREETS, SANITARY SEWER
AND STORM SEWER IN THE PLAT OF CHRISTMAS SHORE
WHEREAS, on October 13th, 1998, the City of Shorewood entered into an Agreement
with Keith Waters and Associates, Inc. for the development of certain property known as
Christmas Shore; and
WHEREAS, Paragraph 2 of said Development Agreement provided for the Developer to
construct and install certain enumerated improvements within the plat of said property, which
improvements included streets, sanitary sewer, storm sewers and concrete curb and gutter; and
WHEREAS, Paragraph 16 of said Development Agreement provided for such
improvements to be subject to a final inspection by the City Engineer; and
WHEREAS, Paragraph 17 of said Development Agreement provided for the conveyance
of said improvements to the City by the Developer and for the acceptance by the City of such
improvements; and
WHEREAS, the developer has completed construction and installation of the street,
sanitary sewer and storm sewer, and such improvements have been inspected by the City
Engineer and found to be in compliance with the applicable plans and specifications, and
WHEREAS, the Developer is desirous of conveying said improvements to the City and
the City is desirous of accepting said improvements from the Developer.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Shorewood as follows:
That the City hereby accepts from the Developer the street, sanitary sewer and
storm sewer in the plat of Christmas Shore.
2. That the Developer shall cause a maintenance bond to be furnished naming the
City as obligee for the full cost of the street, sanitary sewer, and storm sewer to be
in effect for a period of two years from November 24, 1999.
3. That the irrevocable letter of credit shall be reduced in the amounts associated
with the construction of public utilities and streets, excepting landscaping, and a
$750.00 for televising of the sanitary sewer.
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• ADOPTED BY THE CITY COUNCIL of the City of Shorewood this 8" day of
January, 2001.
ATTEST:
Craig W wson, City -Administrator
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Woody Love, Mayor