Loading...
HomeMy WebLinkAbout1975-040 CCR Member Robert jense n introduced the following resolution and moved its adoption: RESOLUTION NO. 75 -40 RESOLUTION DIRECTING DISBURSEMENT OF A $2,850 CASH ESCROW FOR CERTAIN SUBDIVISION IMPROVEMENTS IN NORTHTOWN PLAZA 1ST ADDITION WHEREAS, on March 25, 1966, George E. Hanson and Naime C. Hanson entered into a Financial Performance Guarantee Agreement with the (then) Village of Brooklyn Center to guarantee the installation of certain boulevard sodding, boulevard trees and street name signs in Northtown Plaza lst Addition; and WHEREAS, on January 20, 1975, the City Council of the City of Brooklyn Center approved the Group Health Plan 2nd Addition plat which combines Lots 1 and 2 of Block 2, Northtown Plaza lst Addition; and WHEREAS, on January 14, 1975, Group Health Plan, Inc., entered into a Financial Performance Guarantee Agreement with the City of Brooklyn Center and posted a contract bond in the amount of $5,140.00 to guarantee certain subdivision improvements in said addition, including the completion of boulevard sodding and boulevard trees previously guaranteed by a portion of said cash escrow for Northtown Plaza lst Addition; and WHEREAS, all improvements guaranteed by said $2,850.00 cash escrow for Northtown Plaza lst Addition have been completed or re- assigned; and WHEREAS, George E. Hanson and Naime C. Hanson sold said Lots 1 and 2 of Block 2, Northtown Plaza lst Addition to Mr. Richard F. Zejdlik and Mr. David W. Zemke; and WHEREAS, George E. Hanson and Naime C. Hanson are deceased and the Northwestern National Bank of Minneapolis has been designated as executor of the estate of Naime E. Hanson; and WHEREAS, the City of Brooklyn Center has received a Release and Assignment Statement from said Northwestern National Bank, executor of the estate of Naime C. Hanson, which releases any interest in said escrow deposits, assigns any interest in said deposits, and authorizes the City of Brooklyn Center to pay the entire amount of said escrow deposit; to Mr. Richard F. Zejdlik and Mr. David W. Zemke or their assigns; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that the City Treasurer be authorized to issue a check to Mr. Richard F. Zejdlik and Mr. David W. Zemke in the amount of $2,850.00, which amount represents the balance of the cash escrow. February 10, 1 975 Date Mayor ATTEST: Clerk RESOLUTION NO. 75 -40 The motion for the adoption of the foregoing resolution was duly seconded by member Tony Kuefler and upon vote being taken thereon, the following voted in favor thereof: Philip Cohen, Tony Kuefler, Bill Fignar and Robert Jensen; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.