RES 2026-09 Releasing Securities Regarding Boulder Pass Grading and Mineral ExtractionCITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2026-09
RELEASING SECURITIES REGARDING
BOULDER PASS GRADING AND MINERAL EXTRACTION
WHEREAS, Fehn Companies Incorporated has a promissory note with the City to ensure that they adhered to the grading
permit, which included mineral extraction for the area that is now Boulder Pass; and
WHEREAS, the City and Fehn Companies Incorporated entered into a Grading Agreement; and
WHEREAS, all requirements of the Grading Agreement have been met.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA:
Releases all financial securities regarding Boulder Pass Grading and Mineral Extraction.
ADOPTED by the Otsego City Council this 9th day of February, 2026.
MOTION BY: Dunlap
SECONDED BY: Goede
INFAVOR: 6tockamp, Goede, Dunlap, Tanner, and Lund
OPPOSED: none
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CITY OF OTSEGO
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Jessica L. Stockamp, May r
ATTEST:
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Audra Et'z6l, City Clerk