88-140
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RESOLurICN NJ. 140-88
A RESOLurICN A<.X.;EPI'ING STREET AND urILITIES, SANITARY SEWER
AND STORM SEWER IN '!HE PLAT OF
1UVNE AIDITICN
WHEREAS, on August 24, 1987, the City of Shorewood entered into
an Agreement with Willirun B. Ecoff for the development of the plat known
as Towne Addi tion; and
WHEREAS, Paragraph 1 of said Development Agreement provided for
the Developer to construct and install certain enumerated improvements,
which improvements included street and utilities, sanitary sewer and storm
sewer; and
WHEREAS, Paragraph 12, of said Development Agreement provided for
such improvements to be subject to a final inspection by the City
Engineer; and
WHEREAS, Paragraph 13 of said Development Agreement provided for
the conveyance of said improvements to the City by the Developer and for
the acceptance by the Ci ty of such improvements; and
WHEREAS, the Developer has corrpleted construction and
installation of the street and utilities, sanitary sewer and storm sewer,
and all such improvements have been inspected by the Ci ty Engineer and
found to be in corrpliance 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.
N:lV, 'lHEREFORE, 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
and utilities, sanitary sewer and storm sewer in the plat of Towne
Addition.
2. That the Developer shall arrange for a maintenance bond to be
furnished nruning the Ci ty as obligee for the full cost of the
improvements, to be in effect for a period of one year from the date of
acceptance hereof.
AOOPrED BY '!HE CIlY <XXJNCIL of the Ci ty of Shorewood this 14th day of
Novanber, 1988.
Robert Rascop, Mayor
ATrEST:
Sandra L. Kennelly, City Clerk
Roll Call Votes:
Ayes - 5
Nays - 0