1959-1860r_. __
RESOLUTION N0. 1860
RESOLUTION APP[iOVING C~ITRACT FOR THE DEVELOPNLTIT OF LOTS 6~ 7, @, 9 8i' 10,
BLOCK 5, iJICOLLET HOIi~S AOUITION, LOTS 4 AND $, BLOCK 4 AND LOTS 6, ~, 8,
9 AND I0, BLOCK 5, REARRANGEfU1:NT OF NICOLLET HOfI~S 2ND ADDITION AND ACCEPTING
SAVINGS ACCOUNT 800K IN LIEU OF BOR'D.
CEDAR RICH, (NC.~ DEVELOPERB
3500 EAST (-AKE STREE T
VILLA GE PLAT No. 159
CONTRACT N0. 51O
CLERK~B FILE NO* ~'22
BE lT RESOLVED BY THE VILLAGE COUNCIL CF THE V{LLAGE OF RICHFIELD A8 FOLL01~8i
1. THAT THE PROPOSED SUBDIVIDER~B CONTRACT FOR THE DEVE].OPA/ENT of L0T8 6, 7~ 8, 9 & 10,
BLOCK 5, NICOLLET HOMES ADDITIONS LOTS 4 AND 5, BLOCK 4 AND LOTS 6, 7, 8, 9 & i0~ BLOCK 5~
REARRANGEMENT CF NIODLLET HOMES 2ND ADDITIONS BEARING CONTRACT NO. 510 BE GIVEN CLERKS FILE
ND~_ 7~2 ~ BE PLACED ON FILES THAT THE SAME BE APPROVED ANO THAT THE MAYOR AND MANAGER
- -- •BE AUTHOR 12ED TO S ION SAID CON TRACT ANO THE CLERK BE AUTHOR 1 gED TO SEAL THE BAME FOR ANO ON
BEHALF OF THIS VILLAOE•
2~ THAT THE PUBLIC CONTRACTOR~B BOND FOR PERFORMANCE OF THE CONDI TiON6 OF TWE SAID SUBS
DiViDi;1Q~8 CONTRACT IN THE AMOUNT OF FIVE THOUSAND TWREE HUNDRED (~5~300~00) DOLLARS ON WHICH
SAVINGS ACCOUNT BOOK N0. 23178 DRA17N ON THQ.MINNEAPOLIS SAVINGS AND-LOAN ABSOCIATJON SHOYJING
A BALANCE OF ,5,300.00 IS HEREBY ACCEPTED iN L"IEU OF SURETY BOND
3. THAT RESpONSiBiLITY FOR ALL PUBLIC STREETS, ALLEYS AND OTHER PUBLIC 4"JAYS 8HALL NOT
BE ASSUMED BY THIS VILLAGE UNTIL FINAL ACCEPTANCE CF THE WORK ON SUCH PROPERTY BY THIS COUNCIL;
AND UNTIL SUCH TINE FULL RESPONSIBILITY FOR SUCH STREETS 8HALL BE THAT OF TWE DEVELOPER OF SAID
SUBDiVI810N•
ADOPTED BY Tim VILLAGE COUNCIL OF THE UILLAGE OF RICHFIELD, MI SOTA, TH18 IITH DAY ~
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