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Motion by Councilmember Reimann and Seconded by Councilmember <br />Sorteberg to adopt Resolution #84-146 which establishes the <br />percentage of escrow amount for the letter of credit for <br />River's Bend plat improvements at 20%. (Please refer to <br />resolution file for Resolution #84-146). <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers <br />Sorteberg, Reimann and Van Wagner. Voting No: Councilmember <br />Schlueter. <br /> <br />f) Approving Contract - <br /> <br />Mr. Goodrich stated that the contract proposed is for Stage <br />I and Stage II improvements. <br /> <br />Mr. Berg 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 />agree to pay their proportional cost of construction; the City <br />and First Guaranty will pay their share as they too benefit. <br /> <br />Councilmember Schlueter inquired as to how the City intends <br />to pay it's share on that road. <br /> <br />Mr. Berg stated that the road will serve as access to the park <br />and pump house. <br /> <br />Mr. Schnelle stated that the funds will come out of general <br />levy. <br /> <br />Motion by Councilmember Sorteberg and seconded by Councilmember <br />Reimann to approve of the River's Bend development contract <br />for the 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 />minor amendments as discussed this evening. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers <br />Sorteberg, Reimann and Van Wagner. Voting No: Councilmember <br />Schlueter. <br /> <br />g) Authorization Of Accepting Bid On Municipal Well No. 1 - <br /> <br />Council unanimously consented to dispense with the reading of <br />the proposed resolution. <br /> <br />Motion by Councilmember Reimann and seconded by Councilmember <br />Van Wagner to adopt Resolution #84-147 accepting the bid for <br />Municipal Well No. 1 and awarding said bid to Bergerson <br />Caswell, Inc. in the amount of $44,980. (Please refer to <br />resolution file for Resolution #84-147). <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers <br />Reimann, Sorteberg and Van Wagner, Voting No: Councilmember <br />Schlueter. <br /> <br />Mr. McLaughlin stated that Ramsey's ordinance is tough, but if <br />the developers get as much cooperation from City Staff, Attorney <br />and Engineer that they have received thus far, River's Bend will <br /> <br />C/August 14, 1984 <br />Page 11 of 20 <br /> <br /> <br />