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HomeMy WebLinkAbout1969-350 CCR Member Earl Rydberg introduced the following resolution and moved its adoption: RESOLUTION NO. 69 -350 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 street surfacing as guaranteed by the above mentioned cash escrow has now been installed by the City of Brooklyn Center. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center to direct the City Treasurer to disburse the $2,700.00 cash escrow for Edling 4th Addition as follows: 1) Transfer $975.09 to the Special Assessments Fund to satisfy the street cost obligation. 2) Retain $712.50 to guarantee the installation of sod and boulevard trees. 3) Release to Mr. L. N. Lundstrom of'Lundstrom Construction Company the sum of $1,012.41 as surplus cash escrow. December 29, 1969 Date Mayor ATTEST: 2 EkY Deputy Ci r The motion for the adoption of the foregoing resolution was duly seconded by member Theodore Willard 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.