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HomeMy WebLinkAbout86-126 CITY OF LAKEVILLE RESOLUTION Date October 20, 1986 Resolution No. 86-126 Motion by ga~y Seconded by Sindt RESOLUTION APPROVING STORM SEWER CREDITS FOR CHERRYWOOD HEIGHTS SECOND ADDITION WHEREAS, Section 14 of the development agreement for Cherrywood Heights Second Addition states, "The Developer shall pay a storm sewer charge of $84,450.00 less a credit for storm sewer trunks in an amount determined by the city engineer in lien of the property paying a like charge at a later date." WHEREAS, the city engineer has indicated in a letter dated October 6, 1986, a copy of which is atached, that the developer should receive a credit for storm sewer oversizing in the amount of $39,406.00. NOW, THEREFORE, BE IT RESOLVED by the Lakeville City • Council that the Cherrywood Heights Second Addition shall be assessed a storm sewer charge in the amount of $84,450.00 less a credit in the amount of $39,406.00 resulting in a final net storm sewer charge of $45,044.00. DATED this 20th day of October, 1986. CITY OF LAKEVILLE By: Duane Zaun, May ATT T: Patrick E. cGarvey, City Clerk