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2005_0411_Packet
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2005_0411_Packet
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5/12/2014 11:47:05 AM
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9/14/2009 10:00:40 AM
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Roseville City Council
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Council Agenda/Packets
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this portion of the work is $77,617, the cost share will be $33,763 City and $43,853 Target <br />All other costs associated with construction of the new public improvements necessary for this <br />development will be borne by the Developer. Appropriate surety in the form of a Letter of Credit will be <br />provided for all public improvements in the amount of 125% of the construction cost, $327,998 for a <br />total of $409,998. Qnce the construction of the improvements has been completed and accepted by the <br />City, this Letter of Credit will be released and replaced by a two-year warranty bond. <br />RECOMIV�NDED COUNCIL ACTION: <br />Approval of ROSEVILLE BUSINESS PARI� subdivision and public improvement contract. <br />Prepared by: Duane Scl�warkz and Debra Bloom <br />� <br />
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