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95-08CITY OF OTSEGO COUNTY OF WRIGHT STATE OF NINNESOT' RESOLUTION NO.95-8 RESOLUTION ACCEPTING ROADS WITHIN THE PLAT OF COUNTRY RIDGE, AGREEING TO ACCEPTANCE OF CASH AMOUNT# AND AUTHORISING THE MAYOR AND CITY CLERK TO EXECUTE A RELEASE OF THE DEVELOPERFS CONTRACT WHEREAS, construction of all streets within the plat of Country Ridge is complete, and said streets have been in use for a period exceeding the period of warranty under the Developer's Contract; and WHEREAS, the City of Otsego has never formally accepted said streets, partially due to outstanding issues between the City and the Developers; and WHEREAS, the Developers have offered, and the City has accepted upon recommendation of the City Engineer, the amount of three thousand dollars and 00/100 cents ($3,000.00) as payment for correction of previously identified deficiencies in road construction; and WHEREAS, the Developers have completed all other conditions of the Developer's Contract and, pursuant to that contract, have requested release from that agreement. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Otsego: 1. The City accepts those roadways within the plat of Country Ridge, contingent upon payment of the above mentioned $3,000.00 by the Developers. 2. Upon receipt of the $3,000.00 payment, the *ayor and City Clerk are authorized to execute the attached Release of Developer's Contract on behalf of the City and deliver the same to the Developers for recording. Passed this 13TH day of February, 1995 by the Otsego City Council. OPPOSED: No One IN FAVOR: Larry Fournier, Vice -Mayor, Suzanne M S Ackerman 44! Elaink Beatty, Ci lerk 7 Black, Vern HeidnnJJer Norma . Freske, Mayor RELEASE OF DEVELOPER'S CONTRACT PLAT OF COUNTRY RIDGE CITY OF OTSEGO COUNTY OF WRIGHT STATE OF NINNESOTA All requirements having been satisfied as set forth in that document entitled DEVELOPMENT CONTRACT COUNTRY RIDGE SUBDIVISION CITY OF OTSEGO FOR INSTALLATION OF 1XPROVZMENTS BY THE DEVELOPER, recorded at the Office of the Wright County Recorder as Document No. 507554 on June 18, 1992; said document affecting property legally described as: Plat of COUNTRY RIDGE as of file and duly recorded at the Office of the County Recorder, Wright County , Minnesota. the Developers, Country Ridge Partnership, Steven Scharber, and Tony Emmerich are hereby released from those requirements as set forth in the above mentioned Developer's Contract. DRAFTED BY: RADZWILL LAW OFFICE 705 Central Avenue East PO Box 369 St. Michael, MN 55376 CITY OF OTSEGO J N n F. Freske, yor la ne Beatty, eity Cler