HomeMy WebLinkAboutCity Council Resolution 1978-608• CITY OF PLYMOUTH •
Pursuant to due call and notice thereof, aspecial meeting of
in
the City Council of the City of Plymouth, Mnesota was held on the
26th day of September , 1978 . The following members were
present: Mayor Hunt Councilmembers Hoyt Seibold and Spaeth
The following members were absent: Councilmember Neils
Councilmember Hoyt introduced the following Resolution and
moved is adoption:
RESOLUTION NO. 78- 608
REDUCING DEVELOPMENT BOND
GLEASON LAKE ADDITION (A-196)
WHEREAS, in accordance with the Development Contract, dated December 19, 1977,
Charles Van Eeckhout, developer of Gleason Lake Addition, has agreed to install
certain improvements for said development, and
WHEREAS, the Developer has completed a portion of the street, utility and site
grading 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
NEW AMOUNT
Street Construction
$ 37,108.00
$12,020.00
Sanitary Sewer
24,189.00
2,420.00
Watermain
19,700.00
1,970.00
Storm Sewer
3,146.00
315.00
Boulevard Sod
3,600.00
3,600.00
Pond 6 Ditch Construction Outlets
3,000.00
1,000.00
Street Signs
300.00
300.80
Street Sweeping & Storm
Sewer Cleaning
1,000.00
1,000.00
Park Improvements
6,000.00
6,000.00
Erosion Control
1,000.00
1,000.00
Site Grading
18,000.00
0.00
TOTS:
$117,043.00
$29,525.00
That the Letter of Credit required be reduced to $29,525.00 to reflect the completed
work.
The motion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
following voothe d1.n favor thereof: Mayor Hunt. Councilmembers Hoyt- teihold,
e tollowing voted against or abstal•nea; N ne
Whereupon the Resolution was declared duly p—a%sed and adopted,