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HomeMy WebLinkAboutCity Council Resolution 1975-6400 0 CITY OF PLYMOUTH Pursuant to due call and notice thereof, a re ular meeting of the City Council of the City of Plymouth, Minnesota, was held on the 17th day of November , 1975 . The following members were present: Acting Mayor Hunt, Councilmen Neils, Seibold and Spaeth The following members were absent: Mayor Hilde Councilman Seibold introduced the following Resolution and moved its adoption: Lu N BOND RERDEUCTIONIWOODOCREEK ADDITION WHEREAS, Lundgren Brothers Construction, Inc., ad Developer, have platted the Wood Creek Addition and therein dedicated certain streets and pursuant to certain provisions of City Ordinance and Development Contract A-305 dated May 7, 1973, have undertaken to construct certain streets and utilities and various off-site improvments within said plat, and WHEREAS, all said work is deemed complete in accordance with City requirements, WHEREAS, the Developer has requested that his development bond be released to reflect all required work as per the development contract, NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the development bond (The Travelers Indemnity Co. Bond #904A4518) for Wood Creek Addition is hereby reduced from 531,695.00 to $0.00. The motion for the adoption of the foregoing Resolution was duly seconded by Councilman Neils , and upon vote being taken thereon, the fol owing voted in favor thereof: Acting Mayor Hunt, Councilmen Neils, Seibold and Spaeth The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted. •*+r *iet •,rir