1992-05-29 Boulevard Improvents Not Complete
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CITY OF ALBERTVILLE
P. O. BOX 131
ALBERTVILLE. MINNESOTA 55301
PHONE: (612) 497-3384
May 29, 1992
Jerry Manville
Security Bank Northwest
701 Central Avenue East
st. Michael, MN 55376
Dear Mr. Manville:
Our city engineer Thore Meyer inspected the Westwind I development
and has found that boulevard improvements have not been completed
on seventeen (17) of the lots in the development. Boulevard
improvements were estimated at $410 per lot. Therefore, the City
must require the developers to have a Letter of Credi t for
boulevard improvements in the amount of $6,970.
In addition the Letter of Credit must include $4,000 to cover the
costs of street signs and street cleanup.
The City hereby authorizes a reduction in the Letter of Credit held
by John-George, Inc. for the Westwind I development from $20,000
to $10,970.
Should you have any questions, please feel free to contact me.
5ince:e~Y,. /)\
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Linda Houghton CJ
Clerk
cc: John-George, Inc.
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