HomeMy WebLinkAboutCity Council Resolution 1974-300V
CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota, was held on tTie 17th day of
June 19 74 The following members were present: Mayor
ounc men unt Nems Seibold and Spaeth
The:followlng`mem r:rs,wereabsent: none
Councilman Seibold introduced the following Resolution and moved
'its i opt onr
RESOLUTION NO. 74-300
APPROyING REDUCTION OF BOND FOR CREEKWOOD HEIGHTS SECOND ADDITION -`
WHEREAS, Klaus Becker Construction -Company, as Developer of Creekwood Heights
.Second Addition, has completed certain items pursuant to Section 16-B of Development
Contract A-110, dated January 3, 1972, and
WHEREAS, Klaus Becker Construction Company, at<) Developer, has filed and also made;.
its request for bond reduction to reflect completed work on said streets as outlined
in Section 16-B- of the Development Contract, and
WHEREAS, the City Engineer has examined and inspected said construction and recom-
mends a -reduction in the bonds by the City to reflect the compTeted work as shown .'
below:
Item Original Amount Completed Remaini;na
Site 6 Blvd. Grading $ 21000,00 $ 1,000.00 3 1,000 QD
Btvd. & Drainage Sod 8,550.00 5030.00 3.420.Op
Street Signs 150.00 150.00x.00 .:"
Storm Sewer 7.260.00 7,260.00 0.00`
Street Sweeping 500.00 6.00 500.00
City Engr. Legal, Adm. 500.00 500.00 600
TOTALS T$�3Sb-,
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH
that the cash bond represented by the following passbooks from Minnesota Federal Savor
-ings and Loan Association for the accounts and in the amounts noted are hereby
released to reflect the completedwork in Creekwood Heights Second Addition
Savings Account # 2-9-508972 $5,000.00
# 2-9-508973 $5,000.00
# 2-9-508974$4.000.00
TOTAL $T4;II0�-00
and that the savings account # 2-9-508975 in the amount of $5,000 is retained to
cover the work remaining as previously outlined.
I
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Page:
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilman Neils, and upon vote being taken thereon, the following voted in favor
thereof: Mayor Hilde, Councilmen Hunt, Neils, Seibold and Spaeth. The following
voted against or abstained: none. Whereupon the Resolution was declared duly passed
and adopted.