93-059
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.
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RESOLUTION NO. 59-93
A RESOLUTION ACCEPTING STREETS, SANITARY SEWER
AND STORM SEWER IN THE PLAT OF SHOREWOOD SUBURBAN ESTATES
WHEREAS, on February 6, 1992, the City of Shorewood entered into an Agreement with
Citywide Development, Inc. for the development of certain property known as Shorewood
Suburban Estates; and
WHEREAS, Paragraph 1 of said Development Agreement provided for the Developer to
construct and install certain enumerated improvements within the plats of said property, which
improvements included streets, sanitary sewer, storm sewer and curbs; and
WHEREAS, Paragraph 13 of said Development Agreement provided for such
improvements to be subject to a final inspection by the City Engineer; and
WHEREAS, Paragraph 14 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 streets,
sanitary sewer, storm sewer and curbs, and such improvements have been inspected by the City
Engineer and found to be in substantial 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 streets, sanitary sewer, storm
sewer and curbs, in the plat of Shorewood Suburban Estates, subject to final
recommendation by the City Planner and Engineer.
2. That the Developer shall cause a maintenance bond to be furnished naming the
City as obligee for the full cost of the remaining letter of credit, to be in effect for
a period of one year from the date of acceptance hereof.
ADOPTED BY THE CITY COUNCIL of the City of Shorewood this 28th day of June, 1993.
ST:
f/VM C/ 1/r;1/7/VV"'\
J, es Hurm
\ ity Administrator/Clerk
~~
Kristi Stover
Acting Mayor
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