HomeMy WebLinkAbout1969-297 CCR Member John, Leary introduced the following
resolution and moved its adoption:
RESOLUTION NO. 69 -297
RESOLUTION DIRECTING THE DISBURSEMENT OF CASH ESCROW
FOR BING'S ADDITION NO. 2
WHEREAS, on December 31, 1968, the City of Brooklyn
Center received a Financial Performance Guarantee, along with
a cash escrow in the amount of $2,300.00,to guarantee payment
for street surfacing, sod, trees and other miscellaneous items
in Bing's Addition No. 2 in Brooklyn Center, and
WHEREAS, a portion of the street surfacing as guaranteed
by the above mentioned cash escrow was duly installed as Project
Not 1968 -38, and
WHEREAS, the cost attributable to Bing's Addition No. 2
for the above mentioned improvement is $826.75.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Brooklyn Center to direct the City Treasurer to
negotiate the existing cash escrow and credit the proper con-
struction account a total of $826.75, and to retain the balance
of the $2 escrow until the additional improvements as
provided have been effected.
October 6, 1969
Date Mayor
ATTEST:
Clerk
The motion for the adoption of the foregoing resolution was duly
seconded by member Howard Heck and upon vote being taken
thereon, the following voted in favor thereof: Philip Cohen,
John Leary, Earl Rydberg, Howard Heck and Theodore Willard;
and the following voted against the same: None
whereupon said resolution was declared duly passed and adopted.