99-048
.
.
.
CITY OF SHOREWOOD
RESOLUTION NO. 99-048
A RESOLUTION ACCEPTING STREETS, SANITARY SEWER,
AND STORM SEWER IN THE PLAT
OF MARY LAKE WOODS SUBDIVISION
WHEREAS, on July 22, 1998, the City of Shorewood entered into an Agreement
with Jim and Kathhlyn Wyman for the development of certain property known as Mary
Lake Woods; 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:
1. That the City hereby accepts from the Developer the street, sanitary sewer and storm
sewer in the plat of Mary Lake Woods, contingent upon 3 sets of blackline prints and
1 set of mylar originals of the asbuilt condition of the public improvements be
received, reviewed and approved by the City Engineer. ' ~
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, watermain and storm sewer
to be in effect for a period of two years from the date of acceptance hereof.
3. That the irrevocable letter of credit shall be reduced in the amounts associated with
the construction of public utilities and streets, excepting wetland monumentation.
.
.
.
1999.
ADOPTED BY THE CITY COUNCIL of the City
ATTEST:
ES C. HURM, CITY ADMINISTRATOR