HomeMy WebLinkAboutCity Council Resolution 1977-707CITY OF PI,YMWIH
Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota, was held on tFie 5th day of
December , 19 77 . The following members were present:
ARR
were absent: Wnna
RAR
Councilman Hunt introduced the following Resolution and moved
is tion:
RESOLUTION NO. 77-707
REDUCING DEVELOPMENT BOND
PLYMOUTH CREEKVIEW (A-199)
RAA
WHEREAS, in accordance with the Development Contract, dated September 16, 1977,
Carlson Companies, developer of Plymouth Creekview Addition (A-199), has agreed
to install certain improvements for said development, and
WHEREAS, the developer has submitted a letter to his consulting engineer dated
November 23, 1977, outlining the improvements that have been constructed to date,
and
WHEREAS, the developer has requested a reduction of the development bond to reflect
the completed work as outlined in said letter of November 23, 1977 from McCombs -
Knutson Associates, Inc., and
WHEREAS, the said engineer has inspected said work and concludes that a reduction
of the bond is in order,
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that the development contract bonding requirements for the Carlson
Properties Plymouth Creekview (A-199) be reduced as follows:
ITEMS
Site Grading
Sanitary Sewer
Watermain
Storm Sewer
Streets
Boulevards & Drainage Swales
Street Signs
Street Sweeping & Storm Sewer Cleaning
Maintenance & Erosion Sediment
Control Plan
BALANCE OF WORK TO BE DONE
$ 0.00
3,000.00
1,500.00
0.00
32,600.00
8,400.00
600.00
3,000.00
5,000.00
TOTAL OF BALANCE OF WORK TO BE DONE: $54,100.00
Resolution N 77-707
Page 2
That the Letter of Credit be reduced from the original amount of $154,200.00 to
the new amount of $54,100.00 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded
by Councilman Neilsand upon vote being taken thereon, the
following vot in avor EE Mayor Hilde, Councilmen Hunt, Neils,
Seibo d and Saaeth
7ne tollowing voted against or abstain No e
Whereupon the Resolution was declared duly pass and adopted.