HomeMy WebLinkAbout1968-014 CCRMember Theodore Willard introduced the following resolution and moved
its adoption:
ATTEST:
RESOLUTION NO. 68 -14
RESOLUTION DIRECTING THE DISBURSEMENT OF CASH ESCROW FOR
HALEK'S 5TH ADDITION
WHEREAS, on October 25, 1966, the (then) Village of Brooklyn Center
received a Financial Performance Guarantee, along with a cash escrow in
the amount of $7,800.00 to guarantee payment for the street surfacing and
curb and gutter in Halek's 5th Addition in Brooklyn Center; and
WHEREAS, the street surfacing and curb and gutter as guaranteed by
the above mentioned cash escrow were duly installed as a part of Projects
No. 1967 -10, 1967 -11, 1967 -14, 1967 -15 and 1967 -33, respectively; and
WHEREAS, the costs attributable to Halek's 5th Addition for the above
mentioned improvements are $131.75, $263.49, $940.46, $1,599.90 and
$1,914.08, respectively, for a total amount of $4,849.68; and
WHEREAS, the costs for the water main and sanitary sewer have been
satisfied and a cash escrow balance thereon was returned to Joseph Halek
and Mike Halek on October 16, 1967, as directed by City Council Resolution
No. 67 -305.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center to direct the City Treasurer to negotiate the existing
certificate of deposit and credit the proper construction accounts a total
of $4,849.68.
BE IT FURTHER RESOLVED that the City Treasurer issue a check in
the amount of $2,950.32 to Joseph Halek and Mike Halek, which amount
represents the balance to be returned to them as cash escrow excess.
January 22, 1968
Mayor
The motion for the adoption of the foregoing resolution was duly seconded by
member Earl Rydberg and upon vote being taken thereon, the following
voted in favor thereof: Philip Cohen, John Leary, Earl Rydberg,
and Theodore Willard;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.