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Page 2 <br />December 12, 1989 <br /> <br />We would recommend approval of the final plat contingent on the <br />following: <br /> <br />The developer corrects the items discussed in this letter and <br />pays the required park dedication fee. <br /> <br />The developer post the required bond or escrow and enter into <br />a developer's agreement to complete the improvements. We have <br />estimated the cost of improvements to be $137,800. The bond <br />or'escrow is 125 percent of the estimated cost or $172,250. <br /> <br />The developer agrees to complete Stage II improvements as <br />stated in Article 170.039c of the City Code. The required <br />escrow for Stage II improvements is $7,800. <br /> <br />If you have any questions, feel free to let us know. <br /> <br />Sincerely, <br /> <br />HAKANSON ANDERSON ASSOCIATES, INC. <br /> <br />Peter R. Raatikka, P.E. <br /> <br />/mlc <br /> <br />Councilmembers <br />Mark Banwart, Comm. Dev. Dir. <br />Richard Sybrant <br />Lot Surveys Co. <br />Ken Gust <br /> <br />File: RA2:15-108 <br /> <br /> <br />