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04-28CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO._2Q04-28 RESOLUTION ORDERING PREPARATION OF REPORT ON IMPROVEMENTS — TRUNK WATERMAIN, TRUNK SANITARY SEWER, TRUNK STORMWATER AND CITY STREETS IN OTSEGO WATERFRONT EAST WHEREAS, a request has been made by LandCor, Inc. for the City to construct water main, sanitary sewer, stormwater and city street improvements within Otsego Waterfront East; and WHEREAS, the benefited properties would either pay for the cost of the improvement by Agreement, or would be assessed for their portion of the cost of the improvements, pursuant to Minnesota Statutes, Chapter 429. NOW THEREFORE, BE IT RESOLVED BY THE OTSEGO CITY COUNCIL, WRIGHT COUNTY, MINNESOTA as follows: That the proposed improvement be referred to the City Engineers, Hakanson, Anderson & Associates, Inc. for study and they are instructed to report to the Council with all convenient speed advising the council of the estimated cost of the improvement as recommended. BE IT FURTHER RESOLVED by the Otsego City Council to hereby require the Petitioner, LandCor, Inc., submit an escrow with the estimated amount of the cost of the Feasibility Report ($5,000.00) and agree to pay any costs in excess of that amount as per the City of Otsego and Hakanson Anderson Associates, Inc.'s Contract. ADOPTED by the Otsego City Council this 24th day of May, 2004. Q\t r..... ALOY\ -..City Clerk G:\Municipal\Aotsego2xxx\2272\ot2272resOrdReport I .doc tarry Fournier, Mayor