88-131
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RESOLUl'ICN NJ. 131-88
.
RESOLUl'ICN ~Pl'ING STREETS
IN 1HE PIAT OF ClIES'lNUl' RlOOE
Kr NEAR I.VIXJNI'AIN 91H AIDITICN
WHEREAS, on April 28, 1986, the City of Shorewood entered into an
Agreement wi th Lundgren Bros. Construction Inc., for the development of
certain property known as Near MOuntain; and
WHEREAS, 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
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 24 of said Development Agreement provided for the
conveyance of said improvements to theCi ty 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 and such improvements have been inspected by the City Engineer
and found to be in compl iance wi th the appl icable 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.
JSO\1, 1HEREFCRE, BE IT RESOLVED by the Ci ty Council of the City of
Shorewood as follows:
(1) That the City hereby accepts from the Developer the streets in
the plat of Chestnut Ridge at Near MOuntain 9th 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.
AOOPl'ED BY 1HE CI1Y CXXJNCIL of the Ci ty of Shorewood thi s
24th day of October, 1988.
Robert Rascop, Mayor
A'ITEST:
Sandra L. Kennelly, City Clerk
Roll Call Votes:
.
Ayes - Rascop, Brancel, Haugen, Stover, Gagne
Nays - 0