HomeMy WebLinkAboutCity Council Resolution 1974-365W: W.
CITY OF PLYMOUTH
Pursuant to due call and notice thereof,
Council of the City of Plymouth, Minnesota, waon the 5th day
of August_ 19 74 The following members were present: Mayor
ng members were
Councilman Spaeth introduced the following Resolution and
move is adoption:
RESOLUTION NO. 74-365
APPROVING BOND REDUCTION -
IMPERIAL HILLS ANNEX
WHEREAS. Ecklund-Swedlund Homebuilders, as Developer, have platted Imperial Hills
Annex and therein dedicated certain streets, and pursuant to certain provisions of
the City Ordinances and Development Contract No. A-131, dated May 6, 1974 have
undertaken to construct certain utilities within said plat;
WHEREAS, Ecklund-Swediund Homebuilders, as Developer, have filed and also, made their
request for approval and the final acceptance of said sanitary sewer, water main,
storm sewer and park construction by the City of Plymouth, and
WHEREAS, the City Engineer has examined and inspected said utilities and park work and -
certifies that they were constructed in accordance with all City requirements and
recommends acceptance of same by the City, and
WHEREAS, in accordance with the Development Contract No. A-131 dated May 6, 1974 the
Developer and the surety on his bond will continue to be responsible for any defects
in the work, latent or otherwise, for a period of one year from and after the date
of acceptance by the City.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH
that the sanitary sewer, water main, storm sewer and park construction heretofore
described for the Imperial Hills Annex Addition, be and are hereby accepted by the
City of Plymouth as City Utilities and the Developer and the surety on his bond will
continue to be'responsibie for any defects in the work latent or otherwise, for a
period of one year from and after the date of this resolution as provided for in the
Development Contract No. A-131 dated May 6, 1974
AND. BE IT FURTHER RESOLVED that the Developer's bond is hereby reduced from
$309,140.00 to $122,618.00 to reflect the completed work heretofore described.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilman Seibold , and upon vote being taken thereon, the
0 ov;Inq voted in favor t7 reor': -ayor Hilde, Councilmen Hunt, Seibold and
Spaeth
e following voted against orabstainer- none
Whereupon the Resolution was declared duly passed and adopted.