HomeMy WebLinkAboutCity Council Resolution 1978-848• 0F 0
ITY OF PLYMOUTH •
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, tiinnesota was held on the
18th day of December , 19 78. The following members were
present: Mayor Hunt, LOOM mem ers oyt, lTeils, SEibold and Spaeth
The following members were absent: None
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Councilmember Spaeth introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 78- 848
REDUCING DEVELOPMENT BOND
DEERWOOD MEADOWS ADDITION (A-784)
WHEREAS, in accordance with the Development Contract, dated September 22, 1978,
Parklands Development, Developer of Deerwood Meadows Addition (A-784), has
agreed to install certain improvements for said development, and
WHEREAS, the Developer has completed a portion of the street, utility tnd 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
$ 62,302.00 _
$ 44,777.00
Sanitary Sewer
63,957.50
6,398.00
Watermain
45,180.25
4,518.00
Storm Sewer
32,450.00
3,245.00
Boulevard Sod
9,400.00
9,400.00
Pond or Ditch Construction
0.00
0.00
Street Signs
600.00
600.00
Street Sweeping &
Storm Sewer Cleaning
11000.00
11000.00
Erosion Control
2,000.00
2,000.00
Site Grading
0.00
0.00
Design, Admin., Inspection
26,026.77
8,632.00
TOTALS
$242,916.52
$ 80,570.00
That the Letter of Credit be reduced to $80,570.00 to reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are
accepted, as of December 18, 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
Councilmember Neils , and upon vote being taken thereon, the
following vote i.n fayor thereof: Mayor Hunt,_Councilmembers Hoyt. Neils.
Seibold and Spaeth ,
The o owing vote against or abstained; None ,
Whereupon the Resolution was declared duly passed and adopted,
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