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HomeMy WebLinkAbout1975-168 CCR Member Robert Jensen introduced the following resolution and moved its adoption: RESOLUTION NO. 75 -168 RESOLUTION DIRECTING THE DISBURSEMENT OF CASH ESCROW FOR EDLING 4TH ADDITION WHEREAS, on June 7, 1968, the City of Brooklyn Center received a cash escrow in the amount of $2,700.00 to guarantee certain improvements in Edling 4th Addition in Brooklyn Center; and WHEREAS, the City Council adopted Resolution No. 69 -350 on December 29, 1969, directing the transfer of $975.09 to the Special Assessments Fund to satisfy street construction costs incurred by the City of Brooklyn Center, and reduced the retainage for said cash escrow to $712.50 to guarantee the installation of sod and boulevard trees; and WHEREAS, the said amount of $975.09 paid to the City of Brooklyn Center for street construction costs did not include payment for expenditures incurred for bituminous paving and engineering costs amounting to $619.74; and WHEREAS, the boulevard sodding has now been completed; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center to direct the City Treasurer to disburse $619.74 of the cash escrow balance for Edling 4th Addition to the Special Assessments Fund to satisfy the remaining street and engineering cost obligation; and to retain $92.76 to guarantee the installation of boulevard trees. Aucrust 18. 1975 Date Mayor v ATTEST:? ^w'`- z, =z Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Maurice Britts and upon vote being taken thereon, the following voted in favor thereof: Philip Cohen, Maurice Britts, Tony Kuefler, Bill Fignar and Robert Jensen; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. i