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CCR1987009COMMON COUNCIL-CITY OF MUSKEG0 RESOLUTION 1/9-87 APPROVAL OF TERMS FOR REMOVAL OF TOPSOIL (As Amended) FREDERICKS SOIL CO. (Industrial Park Addn. No. 1) WHEREAS, all quotes for the removal of stockpiled topsoil in the Industrial Park Addn. No. 1 were rejected by Resolution #298-86 and the Finance Committee was directed to negotiate with Fredricks Soil Co., Inc., who had submitted the high quote, and WHEREAS, the Finance Committee has recommended approval of the following proposed terms: 1. $50,000 for the approximately 38,000 cu. yd. stockpiled 2. Payment to be received as follows: topsoil €or removal by August 1, 1988. a. $12,500 by March 1, 1987 b. $12,500 by September 1, 1987 c. $12,500 by March 1, 1988 d. $12,500 by August 1, 1988 guaranteeing payment of $37,500. 3. Fredricks Soil Co., Inc. will supply a Letter of Credit 4. Culvert is to be provided by the City. 5. Gravel to cover culvert will be supplied by Fredricks 6. Haul road will be limited to Saturn to Racine. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Finance Committee does hereby approve the sale of the stockpiled topsoil in the Industrial Park Addn. No. 1 to Fredricks Soil Co., Inc. subject to the terms set forth by the Finance Committee as listed above. BE IT FURTHER RESOLVED that this is an approval in concept only Clerk of a written contract prepared by the City Attorney which and final approval will be given upon execution by the Mayor and sets forth the terms. Soil Co., Inc. DATED THIS 13th DAY OF January , 1987. Citv Clerk COMMON COUNCIL-CITY OF MUSKEG0 RESOLUTION 1/9-87 FREDERICKS SOIL CO. (Industrial Park Addn. No. T/ APPROVAL OF TERMS FOR REMOVAL OF TOPSOIL WHEREAS, all quotes for the removal of stockpiled tops,oil in the Industrial Park Addn. No. 1 were rejected by Resolutipn 8298-86 and the Finance Committee was directed to negotiate with Fredricks Soil Co., Inc., who had submitted the high’quote, and WHEREAS, the Finance Committee has recommended approval of the following proposed terms: / 1. $50,000 for the approximately 38,000 yd. stockpiled topsoil for removal by August 1, 198 a. $12,500 by March 1, 1987 b. $12,500 by September 1, 1987 c. $1 2,500 by March 1, 1988 d. $12,500 by August 1, 1988 2. Payment to be received as follows: 3. Fredricks Soil Co., Inc. will of Credit guaranteeing 5. Gravel to by Fredricks Soil Co., Inc. NOW, THEREFORE, BE of the City of Muskego, Committee does hereby Industrial to the DATED THIS DAY OF , 1987. FINANCE COMMITTEE Ald. Edwin P. Dumke Ald. Mitchel Penovich Ald. Daniel J. Hilt ATTEST: ACCEPTED BY: I / City Clerk 1 i87 jm Fredricks Soil Co., Inc.