HomeMy WebLinkAboutCity Council Resolution 1978-183OITY OF PLYMOUTH i
Pursuant to due call and notice thereof, a special meeting of
the City Council of the City of Plymouth. M nnesota was 603 -6 -5 --We
27th day of March , 19 78. The following members were
present: Mayor Hunt, Councilmembers Ho t and Spaeth
The following members were absent: Councilmembers Neils and Seibold
Council member Spaeth introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 78-183
REDUCING DEVELOPMENT BOND
WELLINGTON ADDITION (A-472)
WHEREAS, in accordance with the Development Contract, dated October 3, 1977,
Paul A. Lawrence Company, developer of Wellington Addition, has agreed to install
certain improvements for said development, and
WHEREAS, the Developer has completed a portion of 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 HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NEW AMOUNT
Street Construction
$ 48,218.00
$48,218.00
Sanitary Sewer
29,425.00
3,000.00
Watermain
34,559.00
3,500.00
Storm Sewer
14,672.00
4,000.00
Boulevard Sod
8,400.00
8,400.00
Ponds or Ditch Construction
11000.00
11000.00
Street Signs
600.00
600.00
Street Sweeping &
Storm Sewer Cleaning
1,500.00
1,500.00
Maintenance of Erosion Plan
11000.00
1,000.00
Site Grading
27,000.00
5,400.00
Trails
8,500.00
8,500.00
TOTALS:
$174,874.00
$85,118.00
That the Letter of Credit be reduced to $85,118.00 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Hoyt 'and upon vote being taken thereon, the
following votedn avor ; ereo Mayor Hunt, Councilmembers Hoyt and Spaeth
The following vo aya ns or a s a ne one
Thereupon the Resolution was declared duly parised and adopted,
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