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10/5/1977 (3)
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10/5/1977 (3)
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7/23/2015 11:28:41 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
10/05/1977
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AREAS IS VERY EXPENSIVE AND HE DOES NOT FEEL THE BOND THEY ARE RE- <br />QUIRED TO PUT UP IS ANYWHERE NEAR LARGE ENOUGH. <br />ATTORNEY COLLINS DISCUSSED WITH THE BOARD THE ACCEPTANCE <br />OF THE FINAL PLAT, UNIT 2, LAURELWOOD AND APPROVAL OF A PERFORMANCE <br />BOND. THE ATTORNEY STATED THAT HE HAS SEEN THE PLAT AND THE DOCUMEN- <br />TATION, AND WE ARE IN RECEIPT OF THE $54,077.20 CHECK ALONG WITH THE <br />BOND STATEMENT, ESCROW AGREEMENT AND ENGINEERS CERTIFICATE. HE NOTED <br />THAT THE ESCROW AGREEMENT WAS MODIFIED FROM THE COPY DELIVERED TO THE <br />BOARD, BUT THAT HE HAS HAD THE LAURELWOOD REPRESENTATIVES SIGN THE <br />MODIFIED ESCROW AGREEMENT, WHICH IS IN HIS OFFICE, AND HE DOES APPROVE <br />ALL THE DOCUMENTATION. <br />ADMINISTRATOR KENNINGS INFORMED THE BOARD THAT THE PLATS <br />ARE IN ORDER AND PRESENTED THEM FOR THE BOARD TO REVIEW. HE STATED. <br />THAT THIS IS BEING DONE ON THE SAME BASIS AS UNIT 1 AND HE FEELS <br />THEY ARE DOING A FINE JOB, <br />ON MOTION BY COMMISSIONER SIEBERT, SECONDED BY COMMISSIONER <br />LOY,'THE BOARD UNANIMOUSLY ACCEPTED THE FINAL PLAT OF LAURELWOOD, <br />UNIT 2, AND APPROVED THE PERFORMANCE BOND, SUBJECT TO FULL EXECUTION <br />AND RETURN OF THE ESCROW AGREEMENT AS APPROVED BY THE ATTORNEY; AND <br />AUTHORIZED THE CHAIRMAN TO SIGN SAID AGREEMENT. <br />THE CHECK FOR $54,077.20 WAS DELIVERED TO THE FINANCE <br />OFFICER TO HOLD IN ESCROW, AND THE FOLLOWING DOCUMENTS ARE HEREBY <br />MADE A PART OF THE MINUTES: LETTER DATED 9/14/77 FROM LAUREL <br />BUILDERS, INC. <br />DEVELOPERS COST COMPLETUON BOND <br />CERTIFICATE OF TITLE <br />CERTIFICATE OF COST ESTIMATE <br />ESCROW AGREEMENT <br />W <br />- f <br />al PACE <br />
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