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S°r~%e~.g to adopt Resolution #84-146 which establishes the <br /> per~t~ge of escrow amount for the letter of credit for <br /> Riv~'s~Bend plat improvements at 20%. (Please refer to <br /> res~I. Ut~on file for Resolution #84-146). <br /> <br /> Motion carried. Voting Yes: Mayor Gamec, Councilmembers <br /> Sor~ebe~g, Reimann and Van Wagner. Voting No: Councilmember <br /> schluet~r' <br />f) AppFovi~g.[ Contract - <br /> Mr. Goodrich stated that the contract proposed is for Stage <br /> I and S~tage II improvements. <br /> Mr. ~er~ stated that Item #9 on page 4 of the proposed contract <br /> will!be~amended to say that the developers of River's Bend <br /> agre~ t.0 pay their proportional cost of construction; the City <br /> and~Fir~t Guaranty will pay their share as they too benefit. <br /> coUn¢zl~.ember' Schlueter inquired as to how the City intends <br /> to p.ay ~t,s share on that road. <br /> Mr. BerE stated that the road will serve as access to the park <br /> and pum~ house. <br /> Mr. $ch~elle stated that the funds will come out of general <br /> <br /> Mot:iOn it>y Couneilmember Sorteberg and seconded by Councilmember <br /> ReS,man~ to approve of the River's Bend development contract <br /> for ith~ development of Stage I and Stage II improvements. <br /> Further, the Mayor and City Administrator/Clerk are hereby <br /> authorized to sign said contract as presented, with certain <br /> min°r ,.~mendments as discussed this evening. <br /> Motion icarried. Voting Yes: Mayor Gamec, Councilmembers <br /> So~,ebprg, Reimann and Van Wagner. Voting No: Councilmember <br /> Sch~ue~er. <br /> g) Authorization Of Acceptin8 Bid On Municipal Well No. 1 - <br /> CoU. cil unanimously consented to dispense with the reading of <br /> [ <br /> <br /> the ?prOposed resolution. <br /> Motion~by Councilmember Reimann and seconded by Councilmember <br /> Yan iWa~ner to adopt Resolution #84-147 accepting the bid for <br /> Mun!ci~al Well.No. 1 and awarding said bid to Bergerson <br /> CaSWell, Inc. ~n the amount of $44,980. (Please refer to <br /> resolution file for Resolution #84-147). <br /> Motion~carried. Voting Yes: Mayor Gamec, Councilmembers <br /> Re,man60 Sorteberg and Van Wagner, Voting No: Councilmember <br /> Schlue~er. <br /> Mr. Mc,L~ug~lin stated that Ramsey's ordinance is tough, but if <br /> the deW, lopers get as much cooperation from City Staff, Attorney <br /> and Engineer that they have received thus far, River's Bend will <br /> [ C/August 14, 1984 <br /> i ~. ii. Page 11 of 20 <br /> <br /> <br />