Laserfiche WebLink
approvals to move forward. <br /> Alternatives include: <br /> 1) Recommendation to City Council to return $10,000 in Earnest Money to COR Trust Bank, N.A. (Staff <br /> Recommendation) <br /> 2) Recommendation to City Council to return $10,000 in Earnest Money and Reimburse $67,644.31 in <br /> additional expenses to COR Trust Bank, N.A. <br /> 3) No action <br /> 4) Something Else <br /> Funding Source: <br /> If the $10,000 Earnest Money is returned the source of funds would be the funds held in Escrow <br /> If the$67,644.31 in additional expenses were to be reimbursed, a funding source would need to be <br /> identified by the City Council. <br /> Recommendation: <br /> Recommendation to City Council to return $10,000 in Earnest Money to COR Trust Bank, N.A. <br /> Outcome/Action: <br /> 1) Motion to Recommend to City Council to return $10,000 in Earnest Money to COR Trust Bank, N.A. <br /> (Staff Recommendation) <br /> 2) Motion to Recommend to City Council to return $10,000 in Earnest Money and <br /> Reimburse $67,644.31 in additional expenses to COR Trust Bank, N.A. <br /> 3) No action <br /> 4) Something Else <br /> Attachments <br /> ACTION-Letter Requesting Refund and Reimbursement by COR Trust Bank <br /> Notice to Proceed by COR Trust Bank <br /> Reference - Original PA(Executed) <br /> Reference - 1 st Amendment to PA <br /> Reference -2nd Amendment to PA <br /> Form Review <br /> Inbox Reviewed By Date <br /> Brian Hagen Kathy Schmitz 02/02/2024 11:53 AM <br /> Form Started By:Sean Sullivan Started On:01/29/2024 04:00 PM <br /> Final Approval Date:02/02/2024 <br />