HomeMy WebLinkAboutCity Council Resolution 1979-044CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a Regular meeting of
the City Council of the City of Plymouth, tlinnesota was held on the
15th day of Januar19 79. The following members were
present: ' _ Mayor Hunt, ,ouncemembers Floyd Sei bol d and Spaeth
The following mercers were absent: ouncilmember Nells
Councilmember Seibold introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 79- 44
REDUCING DEVELOPMENT BOND
STENSRUD ADDITION (A-774)
WHEREAS, in accordance with the Development Contract, dated May 15, 1978, Alan
T. Stensrud, developer of Stensrud 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 $ 0 $ 0
Sanitary Sewer 0 0
Watermain 0 0
Storm Sewer 0 0
Boulevard Sod 1,800 11800
Pond or Ditch Construction 0 0
Street Signs 150 150
Street Sweeping &
Storm Sewer Cleaning 500 500
Erosion Control 500 500
Site Grading 6,500 3,200
TOTALS $9,450 $6,150
That the Letter of Credit be reduced to $6,150 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
. Councilmember S aeth and upon vote being taken thereon. the
0 ow ng yoted 1n favor thereof: Mayor Hunt, Councilmembers Hoyt L Seibo d
and Spaeth ,
The following voted against orabstained; [lone _
Whereupon the Resolution was declared duly passe an .
a opte
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