HomeMy WebLinkAboutCity Council Resolution 1975-641W W
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 the
17th day of November %, 19 75 . The following members were
present: Acting Mayor Hunt, Councilmen Neils, Seibold and Spaeth
The following members were absent: Mayo
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Councilman Seibold introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 75- 641
BOND REDUCTION IMPERIAL HILLS 5TH ADDITION
WHEREAS, Ecklund-Swedlund Home Builders, as Developer, have platted Imperial Hills
5th Addition and therein dedicated certain streets and pursuant to provisions of
City Ordinance and Development Contract No. A-242, dated September 8, 1972 have
undertaken to construct certain street and utilities and various off-site improvements
within said plat,
WHEREAS, the Developer has requested that the bond covering said improvements be
released and
WHEREAS, all said work is deemed complete in accordance with City requirements,
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that the development bond (Summitt Insurance Company of New York Bond #1470)
is hereby reduced from $26,587.00 to $0.00 subject to the developer paying invoice
for engineering services rendered by the City.
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: "Acting Mayor Hunt, Councilmen Neils,
Seibold and Spaeth
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.