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1. Property Description: <br /> Lots 54, 55, 56, 61, 62 and 63, "Wallaces Addition to <br /> the Village of Minnetonka Beach" <br /> 2. Improvements: In accordance with the policies and ordinances of <br /> the City, the following described public or private improvements <br /> (hereinafter collectively called the "Improvements") shall be <br /> constructed and installed on the terms and conditions hereinafter <br /> contained: <br /> Pond excavation and site grading per the conditions of <br /> Citv Council Resolution �2989 <br /> 3. Construction Plans: The following described detailed plans and <br /> specifications for the complete installation of the Improvements shall <br /> be submitted by the Developer for the approval of the City prior to <br /> the start of construction. The Plans and specifications shal 1 conform <br /> to al 1 currrent City standards for all applicable work. <br /> (Plans attached as Exhibit A of Resolution �2989) <br /> 4. Construction of Improvements: <br /> A. Commencement Date - The construction of Improvements shall <br /> begin no later than Januarv 1, 1992 • <br /> B. Completion Date All Improvements shall be completed no <br /> later than �r� �iQ�l 1992 . <br /> / Initials of Developer Tn <br /> Initials of City Clerk�� <br /> Page 2 of 7 <br />