The burlap is a good idea. It'll help hold the seeds in place if you get rain, and help mitigate some erosion issues until the grass gets a good foothold.

www.hoosierpondpros.com

[Linked Image from lh6.ggpht.com]
http://www.pondboss.com/subscribe.asp?c=4
3/4 to 1 1/4 ac pond LMB, SMB, PS, BG, RES, CC, YP, Bardello BG, (RBT & Blue Tilapia - seasonal).