HomeMy WebLinkAboutCity Council Resolution 1978-141WW
CITY OF PLYMO'1TH
Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota, was held on the 20th day
of March , 19 78. The following me.nbers were present:
Mavor Hunt. Councilmembers Hovt, Neils and Spaeth
he following members were absent:
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Councilmember Spaeth introduced the following Resolution and
move its a option:
RESOLUTION NO. 78-141
REDUCING DEVELOPMENT BOND
CREEKWOOD HEIGHTS 2ND ADDITION
A-110
WHEREAS, in accordance with the Development Contract, dated January 3, 1972,
Klaus Becker Const. Co., developer of Creekwood Heights 2nd Addition (A-110),
have agreed to install certain improvements.for said development, and
WHEREAS, the Developer has completed the improvements as noted below, and
WHEREAS, the Developer has requested a reduction of the Development Bond to reflect
the completed work,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
BALANCE 3/11/75
NEW AMOUNT
Site & Blvd. Sodding
$ 2,000.00
$ 500.00
$ 0.00
Blvd. & Drainage Sod
8,550.00
11500.00
0.00
Street Signs
150.00
0.00
0.00
Storm Sewer
7,260.00
0.00
0.00
Street Sweeping
500.00
0.00
0.00
City Engineer, Legal,
Administrative
500.00
0.00
0.00
TOTALS:
$ 18,960.00
$2,000.00
$ 0.00
That the Letter of Credit be reduced to $0.00 to reflect the completed work.
Resolution M 78-141
Page 2
The motion for the adoption of the foregoing Resolution was duly seconded
by Councilmember Neils 'and upon vote being taken thereon, the
fol ow g vo in vor thereof: Mayor Hunt, Councilmembers Hoyt, Neils
nd S aeth
e 10120VIng voto against or abstained: one
Whereupon the Resolution was declared duly pass t
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