City Council Resolution 2006-85CITY OF MONTICELLO
RESOLUTION NO. 2006-85
ACCEPT IMPROVEMENTS NATHANS COURT
CITY PROTECT NO. 2004-28P
WHEREAS, pursuant to the terms of a development agreement for the improvements to the plat of
Nathans Court, the developer has completed the improvements for the residential plat and is requesting
City acceptance of the work;
NOW, THEREFORE, BE IT HEREB Y RESOL VED BY THE CITY COUNCIL OF
MONTICELLO, MINNESOTA that the improvements in the Nathan Court development are
accepted by the City subject to the following:
1. The developer is to submit as- builts for acceptance.
2. The developer is to submit warranty bonds for 25% of certified construction costs, with
warranty commencing 2 years from the date of Council acceptance of improvements.
3. The developer is to provide a $9,600 letter of credit to cover erosion/restoration and
landscaping.
4. A $5,000 cash security will be held to cover costs of final warranty inspection.
Adopted by the Monticello City Council this 9P day of October, 2006.
�7Y
Clint Herbst, Mayor
ATTEST:
CAM