HomeMy WebLinkAbout1974-160 CCR Member Maurice Britts introduced the following
resolution and moved its adoption:
RESOLUTION NO. 74 -160
RESOLUTION DIRECTING THE DISBURSEMENT OF THE
BALANCE OF THE CASH ESCROW FOR BAERG'S 1ST ADDITION
WHEREAS, a cash escrow in the amount of $3,000.00
was posted by David Baerg to guarantee certain subdivision
improvements for the Baerg 1st Addition, as set forth in
the Financial Performance Guarantee by Developer, dated
June 23, 1972; and
WHEREAS, the street surfacing has been completed
and the amount of $2,246.91 credited to the proper account;
and
WHEREAS, the City Treasurer retained $450.00 to
guarantee the remainder of the improvements; and
WHEREAS, all subdivision improvements have now been
completed;
NOW, THEREFORE, BE IT RESOLVED that the City
Treasurer be authorized to issue a check to David Baerg
in the amount of $450.00, which amount represents the
balance of the cash escrow.
September 23, 1 974
Date Mayor
ATTEST:
v Clerk
The motion for the adoption of the foregoing resolution
was duly seconded by member Robert Jensen and upon
vote being taken thereon, the following voted in favor
thereof: Philip Cohen, Maurice Britts, Bill Fignar and Robert Jensen;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and
adopted.