HomeMy WebLinkAboutCity Council Resolution 1978-609• CITY OF PLYMOUTH 0
Pursuant to due call and notice thereof, a special meeting cf
the City Council of the City of Plymouth, Minnesota was held on the
26th day of September , 1978 . The following members were
present: mayor Hunt Counc lme. ers Hoyt, Seibold and Spaeth
The following members were absent: C ounce I me -e r Nei Fs
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Councilmember.Hoyt introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 78- 609
REDUCING DEVELOPMENT GOND
PLYMOUTH CREEICN!EW ADDITION (A-199)
WHEREAS, in accordance with the Development Contract, dated September 19, 1977,
Carlson Properties, Inc., developer of Plymouth Creekview Addition, have 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
$ 55,300.00
$ 5,530.00
Sanitary Sewer
33,800.00
3,380.00
Watermain
27,100.00
2,710.00
Storm Sewer
6,800.00
680.00
Boulevard Sod
8,400.00
8,400.00
Street Signs
600.00
600.00
Street Sweeping 8 Storm Sewer
Cleaning 3,000.00
3,000.00
Erosion Control
5,000.00
5,000.00
Site grading
14,200.00
0.00
TOTALS:
$154,200.00
$30,300.00
That the Letter of Credit required be reduced to $30,300.00 to reflect the comleted
work.
The motion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
tollowing voted ins� eftahhvor thereof; _m -
Mayor Hunt- _ o n ilm mb rs Hov—
e o owing v� otedaainst or abstained: Uone
Whereupon the Resolution was declared duly —pwised and adopted,