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urveuvirivwLY HYYHUVliU BY YLF1N WNu�iSSSIOIQ 7-0
BE IT RESOLVED by the Common Council of the City of Oshkosh
that the Final Plat to 7th Addi.tion to Nicolet Subdivision is
hereby approved.
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"This approval is conditioned upon the plats complying with
the City of Oshkosh Subdivision Control Ordinance."
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9UBDIVISZON IMPROVEt9ENTS AGREEh�NT
FOR 7TH AUDZTION TO NICOLET ANCHORAGE
(PORTSIAE COURT)
TKIS RGREEA�NT made pursuant to Section 30-40 of the
Oahkosh Municipal Code of the City of Osnkash providing for required
i:rtprovements in the Final Plat Of 7TFi ADDITION TO NICOLET ANCHORAGE
as approved by the Common Council o£ tha City of Oshkosh on the 19th
day of September, 197d, and
wiiEREAS, the Common Council of the City of Oahkosh approved
the Final Plat of the 7TFi ADDITION TO NIWLET ANCHORAGE on September
19. 1974. and
WfiEREAS, 3ection 30-40 of tha Oahkosh Municipal Code requiree
an agreemant between the developer and the City providing for the
required improvemonta in said plat,
IT IS HEREBY RGREED by and between the developer, Nicolet
McGorage, Inc., and tha City of Oahkosh, a municipal crorporation
located in 'r7innebago County, Wiaconein, ae follows:
1. Nioolet Anchorage, Ine. covenants that it hae provide8
the neceasary funds £or the improveuents demand�d by Section 30-40
(b) (1-71 of the Oehkoeh Municipal Code throuqh a loan negotiated
with the FirBt WiBGOnein Natlonal Bank in Oahkoeh.
2. That eaid improvemente will be completed in a proper
and expeditiova mannez and that all of sald improvementa will be
co�leted within three (3) yeara of the recozdinq of the plat.
3. That in the evont �aid improvements are not completed
ae herein eet forth, then the First Wisconain National Hank is hereby
dlrected to give any iunde on depoeit for such gurposea to the City
oL OehkoaA, which wiil use said funds to complete said improvements.
4. That in the avent said improvemanta are not comploted
and that funda available are inauffieient to pay the neceseary coeta,
the developer hnrein shall provide the aflditianal funds from any and
all eourees aveilable to them.
5. An aatimate for �iia improvement has been provided by
the City Enqineer and it is in the principal amount of $34,OD0.00
w6ich sum hae beea borroaefl from the First wisconsin tiational nank
iu Oahkoah anrl which svm said bank han been directed to issve only
for tka isaprovex�enCa aet £ortl� in Section 30-40 of the Oshkosh
Pqunicipal Code and for no othez pur�ose. 3aid bank is further
directnd to yive notica by mail to the City AtWrnay of tt�e City of
Oahkosh of all fun3s issued and tho pnipose o£ Seauance.
6. Thia ayreement ehall be recorded in Winnebago C�unty
Regiatry and ehall be releaaed by the City of Oahkoah when the
improvements saferred to herein have been cocapleEed ancl appsoved
by tha ofEice of the City Eagineer oE the City oP Oshkosh.
Dated thia 12th flay of March , 19�5 at Oshkoah,
WSsconein.
In the preeenee of:
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Ellen A. Yourtg ��
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� Mar�Cundy .
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:OICOLST ANCFIOARGE, INC.
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L�eo� ard H. Reinke Pras dent
gy: , . h "� Aii�,*...-
R�yesell F. vtilliame, Secretary
Approved aad a pted by,PZBST._
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1HIS ZNSTRUMENT DAAPTED HY
JOHN W. PENCE. A1T0ffi7EY.
CITY OP 0.SKK4SA
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� B. Jaeqer,� C�it�y Manager
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