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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />Agenda Item # Department: Requested Council Meeting Date: <br />April 26, 2023 <br />City Administrator <br />VII.4 <br />TITLE OF ISSUE: <br />Escrow Release - Peterson Shores <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />The developer of Peterson Shores, a small, two lot development on Centerville Lake is requesting the release of <br />his development escrow. There was no infrastructure associated with this development and the security was in <br />place, simply to make sure the plat was recorded. <br />The plat has been recorded. Staff recommends the release of remaining escrow funds. <br />COST AND SOURCE(S) OF FUNDING: <br />Refund of remaining escrow funds ($4,667) <br />REQUESTED COUNCIL ACTION: <br />Motion to release remaining escrow funds for Peterson Shores development. <br />For ClerkÓs Use: <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: ____________________________________ <br /> Resolution Ordinance Contract Minutes Plan Map <br />Second By: ____________________________________ <br />Vote Record: Aye Nay <br />_____ <br />Request from Developer for Release. <br />Other (specify) ____________ <br /> _____ _____ <br />___ <br />_______________________________________________________________ <br /> _____ _____Ki <br /> _____ ____________________________________________________________________ <br />Administration Department Use: <br />Refer to: _________________________________ <br />Consent <br /> Tabled Until: ______________________________ <br /> Regular <br /> Other: ___________________________________ <br /> <br />