Shadowridge P1-3-CS 970505May 5, 1997
MEMORANDUM
TO:
FROM:
Ken Griffin, Assistant City Manager/City Engineer
Jennifer Armstrong, Director of Financ~
SUBJECT:
Refund of Sidewalk Maintenance Bond
Shadowridge III
In reviewing all of my escrow files, it was determined that the
above referenced escrow funds were not returned to the DevelOper.
This escrow has been on deposit since September~6,/~-~~
Please advise whether to return the escrow or/~ransfer to CIP ~e
to non-performance.
Refund escrow ~
Do not refund
Thank you,