Escrow Release Letter 10-7-09
CITY OF
CHANHASSEN
7700 Market Boulevard
PO Box 147
Chanhassen, MN 55317
Administration
Phone: 952.227.1100
Fax: 952.227.1110
Building Inspections
Phone: 952.227.1180
Fax: 952.227.1190
Engineering
Phone: 952.227.1160
Fax: 952.227.1170
Finance
Phone: 952.227.1140
Fax: 952.227.1110
Park & Recreation
Phone: 952.227.1120
Fax: 952.227.1110
Recreation Center
2310 Coulter Boulevard
Phone: 952.227.1400
Fax: 952.227.1404
Planning &
Natural Resources
Phone: 952.227.1130
Fax: 952.227.1110
Public Works
1591 Park Road
Phone: 952.227.1300
Fax: 952.227.1310
Senior Center
Phone: 952.227.1125
Fax: 952.227.1110
Web Site
www.ci.chanhassen.mn.us
October 7,2009
Commercial Partners Title, LLC
c/o Wells Fargo Escrow Accout
200 S. 6th Street
#1300
Minneapolis, MN 55402
Re:
Release of Security - Walgreens
Land Use Review File No. 04-l9/Planning Case File No. 05-03
Upon review of the project, it appears the project has been completed in general
conformance with the site plan. Therefore, we are releasing the remaining
security escrow and are now closing our files on this project.
Sincerely,
CITY OF CHANHASSEN
A~ YEI
Gordy Stauff
Engineering Tech. IV/Construction Manager
GS:js
g:\eng\projects\t-z\walgreens\release of security letter 2.doc
Chanhassen is a Community for Life. Providing for Today and Planning for Tomorrow
'ifo~ Do List 9/1/09 ENG.OR2
Auoust 2009
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Wlf Securities
I Start Due'
9/1/09 9/1/09
s
o
p
Category ....
Securities
Description
. SECURITY ESCROW REC'D 4/25/05
WALGREENS
LUR FILE NO. 04-19
PLANNING CASE 05-03
$3,180 (originally $164,120.00)
12/5/05 - Bill did letter sending a check in the amount of$129,140 to leave a balance of$34,980.
Check was made out to Commercial Partners Title, LLC (they supplied the security).
2/23/06 - Alyson, status? js
3/15/06 - Per Alyson, hold for another year. js
5/18/06 - Per Jill (see notes in Finance Files), OK to release $31,800 to leave a balance of$3,180
(10%).
3/1/07 - Gordy, status? Per Gordy, check back 6/1/07. js
6/1 /07 - Gordy, status? js
6/20/07 - Per Gordy, check back in December. js
1/2/08 - Gordy, status? js
1/16/08 - Gordy, status? Still need to replace dead shrubs. Per Jill- need to replace 8 honeylocust
in parking lot and I dead tree along Market Blvd. Check back in June, 08. js
6/1/08 - Gordy, status? js
7/14/08 -Gordy, status? Per Gordy, trees and shrubs still not replaced. js
101l/08 - Gordy, status? Still need trees and shrubs replaced. Check back in 6 months. js
4/16/09 - Gordy, status? js
6/24/09 - Gordy, I checked with Jill and she said she notified the Walgreens people months ago
about what needed to be replaced and it appears that nothing has been done. Please advise. Per
Gordy, he too contacted Walgreens headquarters with no response.
Jill - we need a list of what plantings need to be replaced and their locations Then I can write a
letter about LC draw down to complete the work. I see the list below but has anything changed? js
9/3/09 - Gordy/Jill - status? js
10/6/09 - Gordy/Jill, status? The trees have not been replaced, but are growing. I think the
landscaping is sufficient and that the security can be released. js
...............~....
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@2009 Lotus Development Corp.
10nl09 at 11:36 AM S=Status P=Priority
Page 1
~
C1TY OP CHANHASSEN
77.00 MARKET BLVD
CHANHASSEN
M:N" 55317
Payee: COMMERCIAL
Date: 04/25/2005
Receipt Number: DW
Clerk: DANIELLE
PARTNERS TITLE LLC
Time: 2:16pm
/ 6077
WALGREEN LUR 04"-19 SECURITY ESCROW
ITEM REFERENCE
AMOUNT
-------------------------------------------
ESCRW WALGREENS LUR 04-19 SEC ESC
SECURITY 164,120.00
Total:
164,120.00
Check
7204
164,120.00
Change:
0.00
THANK YOU FOR YOUR PAYMENT!
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