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HomeMy WebLinkAbout96-006 • CITY OF LAKEVILLE RESOLUTION Date January 16, 1996 Resolution No. 96-6 Motion By Johnson Seconded By sindt RESOLUTION AUTHORIZING TRANSFER OF ESCROW FUNDS WHEREAS, the City has entered into various contracts and agreements regarding the use of escrow funds; and WHEREAS, certain Improvement Projects have been ordered; and WHEREAS, the construction of such Improvement Projects satisfies the terms and conditions of the contracts for such contracts and agreements. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of • Lakeville, Minnesota that the following escrow funds shall be transferred to the applicable Funds as follows: A. Escrow Account 9124 -Wright Car Wash CUP shall be transferred to Special Assessment Construction Fund Improvement Project 95-5: 161st Street Extension. B. Escrow Account 9141 -Crystal Ridge shall be transferred to the Special Assessment Improvement Fund for Project 91-3: County Road 46 Construction. C. Escrow Account 9152 -Great Oak Shores shall be transferred to Park Dedication Fund. D. Escrow Account 9177 -Marion Village 3rd shall be transferred to the Public Works Reserve Fund for the 205th Street overlay project. E. Escrow Account 9190 -Raven Lake shall be transferred to Trail Fund for costs. associated with Project 94-3: CSAH 50 Reconstruction. F. Escrow Account 9202 -John Petran CUP shall be transferred to the Special Assessment Construction Fund for Improvement Project 95-5: ® 161st Street Extension. G. Escrow Account 9204 -Lakeview Estates shall be transferred to the Public Works Reserve Fund for the 205th Street overlay project. APPROVED AND ADOPTED this 16th day of January, 1996. CITY OF LAKEVILLE By: ~ Duane Zaun, Mayor ATTEST: ;7, Charlene Friedges, C' 'Clerk • •