HomeMy WebLinkAboutCity Council Resolution 1978-668CITY 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 , 19]x. The following members were
present: Mavnr Hunt, rnuncilmamhPrs Hogt_ Neils and Spaeth
The following members were absent: Cnuncilmemher Saihnld
Councilmember Spaeth introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 78-668
REDUCING DEVELOPMENT BOND
WESTMINSTER ADDITION (A-717)
WHEREAS, in accordance with the Development Contract, dated June 13, 1977,
B -T Land Company, developer of Westminster Addition (A-717), 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 regjirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NEW AMOUNT
Street Construction
$34,806
$ 0
Sanitary Sewer
0
0
Watermain
0
0
Storm Sewer
0
0
Boulevard Sod
11,000
6,700
Pond or Ditch Construction
0
1,000
Street Signs
750
750
Street Sweeping &
Storm Sewer Cleaning
1,000
1.000
Erosion Control
11000
550
Site Grading
7,000
0
TOTALS
$57,556
$10.000
That the Letter of Credit, which was previously reduced to $14,750 be further
reduced to $10,000 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, 1478.
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 tf— reon. the
tollowing voted in tavor thereof.
Seibold and Spaeth Mayor HuntL,Councilmembers tbvt_ Neils_
The following voted against orabstained: None
Whereupon the Resolution was declared duly passed and edopte
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