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<br />~ <br />_ffiLLS <br /> <br />Request for Council Action <br /> <br /> <br /> <br />Prepared By: <br /> <br />Ron Moorse <br /> <br />Council Meeting Date: August 10, 2009 <br /> <br />Motion to approve the escrow agreement between the eity and RRLD, and Old Republic <br />National Title Insurance Company as the escrow agent, and to authorize the eity <br />Administrator to place the amount of the disputed reimbursable expenditures into the escrow <br />account. <br />Budgeted Amount: Actual Amount: Funding Source: <br /> <br />NA <br /> <br />NA <br /> <br />NA <br /> <br />Recommendation: <br /> <br />1. Approve the escrow agreement between the City and RRLD, and Old Republic <br />National Title Insurance Company as the escrow agent, and to authorize the City <br />Administrator to place the amount of the disputed reimbursable expenditures into <br />the escrow account. <br /> <br />~'~'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''U.''''''''''''''''''''''"",,''u.............................u.....................................""""........................""..............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................._...............................................~.....................~..............'"...............................................................__.................................................................................................................. <br /> <br />Supportin!! Documents: <br /> <br />1. Memorandum dated August 10,2009 from City Administrator <br />2. Escrow Agreement <br />