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HomeMy WebLinkAbout1999-05-03-Resolutions 99-46_Windfield II - Release Perf BondRESOLUTION NO.99-46 RESOLUTION RELEASING PERFORMANCE BOND -WINDFIELD DEVELOPMENT II,L.C. WHEREAS,Windfield Development IT,L.C.filed with the city a Performance Bond in the amount of Thirty Two Thousand Four Hundred Sixty eight &961100 ($36,468.96)dollars guaranteeing the installation of underground service wiring for lighting the streets within the development,and WHEREAS,said bond was not required by the city as the improvements to be constructed will not become the property or responsibility of the city,and WHEREAS,MidAmerican Energy has advised by letter dated April 20,1999,that they have received payment for said improvements and that they will be installed in the next thirty days: NOW,THEREFORE,BE IT RESOLVED that the performance bond above referred to be and the same is hereby released. PASSED AND APPROVED this 3rd day of May 1999. A~J1:e:} Gre ry .Fette'rman,City Clerk ROLL CALL VOTE AYE NAY ABSENT Nicholas C.Gruber X Marvin Berger X Robyn S.Heath X Bill Peard X Larry Lyon X 1