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Planning & Zoning <br /> Department <br /> Memo <br /> To: Finance Department <br /> From: Christine Mattson, Planning Assistant07/A <br /> CC: Street File <br /> Date: June 20, 2013 tj‘f <br /> G/L: 101-22205 <br /> Re: Partial Development Agreement Refund <br /> The City is releasing the remaining amount of the LOC pertaining to 875 Wayzata Boulevard <br /> West (Trails of Orono) associated with 11-3498. In conjunction with the, please also refund <br /> $8,000 of the $30,000 currently held with the development agreement. The City will continue <br /> to hold $22,000 until the open items are completed. <br /> The following is attached: <br /> • Original signed escrow agreement <br /> • Copy of Release of Letter of Credit letter <br /> • Copy of cash register receipt showing escrow amount received <br /> Mail to: Matt S. Alexander <br /> Director of Real Estate Development <br /> Kraus-Anderson Realty Company <br /> 4210 W Old Shakopee Road <br /> Bloomington, MN 55437-2951 <br /> w:\street files\casco pt rd\2755\escrow refund memo 12-3581 &2012-00709.doc <br />