88-133
RESOLUl'ICN N). 133-88
.
RESOLUl'ICN AOCEPI'ING STREKrS
IN 1l:IE PlAT OF McKINLEY PIACE
AT NEAR I.VIXJNI'AIN 3RD AIDITICN
\\HEREAS, on April 28, 1986, the City of Shorewood entered into an
Agreement with Lundgren Bros. Construction Inc., for the development of
certain property known as Near Mbuntain; and
\\HEREAS, Paragraph 3 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,
watermain, sani tary sewer and storm sewer; and
\\HEREAS, Paragraph 13 of said Development Agreement provided for such
improvements to be subject to a final inspection by the City Engineer;
and
\\HEREAS, Paragraph 24 of said Development Agreement provided for the
conveyance of said improvements to the Ci ty by the Developer and for the
acceptance by the City of such improvements; and
\\HEREAS, the Developer has coopleted construction and installation of
the streets and such improvements have been inspected by the City Engineer
and found to be in coopliance with the applicable plans and
specifications; and
.
\\HEREAS, 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, 'lllEREFCRE, BE IT RESOLVED by the Ci ty Counci I of the Ci ty of
Shorewood as follows:
(1) That the City hereby accepts from the Developer the streets in
the plat of McKinley Place at Near Mbuntain 3rd Addition.
(2) That the Developer shall furnish a maintenance bond naming the
City 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 1l:IE CITY CXXJNCIL of the City of Shorewood this 24th day of October,
1988.
Robert Rascop, Mayor
ATIEST:
Sandra L. Kennelly, City Clerk
Roll Call Votes:
.
Ayes - Rascop, Brancel, Haugen, Stover, Gagne
Nays - 0