HomeMy WebLinkAboutCity Council Resolution 1978-667CITY OF PLYMOUTH •
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minnesota was held on the
16th day of October , 1978 . The following members were
present: Mayor Hunt, Councilmembers Hoyt, Neils and Spaeth
The following members were absent: Councilmember Seibold
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Councilmember Spaeth introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 78-667
REDUCING DEVELOPMENT BOND
MISSION HILLS PARK 3rd ADDITION (A-338)
WHEREAS, in accordance with the Development Contract, dated August 11, 19772
Mission West Development Corp., developer of Mission Hills Park 3rd 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
$26,400
$ 0
Sanitary Sewer
25,600
0
Watermain
21,900
0
Storm Sewer
4,000
0
Boulevard Sod
5,000
5,000
Pond or Ditch Construction
O
0
Street Signs
150
150
Street Sweeping &
Storm Sewer Cleaning
11000
1,000
Erosion Control
11000
1,000
Site Grading
11,400
G
TOTALS
$96,450
$7,150
That the Letter of Credit be reduced to $7,150 to reflect the completed work.
FURTHER BE IT RESOLVED that the street construction, concrete curb and gutter,
sanitary sewer, watermain and storm sewer are accepted, as of October 16, 1978,
for continual maintenance subject to the one year guarantee by the Developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
following vote i,n favor thereof: Mayor Hunt, Councilmembers Hoyt. Nei]s
and S aeth
e following voted against orabstained; None ,
Whereupon the Resolution was declared duly passed and adopted,