HomeMy WebLinkAboutCity Council Resolution 1979-097CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a special meeting of
the City Council of the City of Plymouth, Minnesota was held on the
•12th day of February , 19 79. The following members were
present: Mavor Hunt. Councilmembers Hoyt and Spaeth
The following members were absent: Councilmembers Neils and Seibold
Councilmember Spaeth introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 79-97
REDUCING DEVELOPMENT BOND
MIDDLEMIST 3RD ADDITION
(A-718)
WHEREAS, in accordance with the Development Contract, dated August 15, 1977,
Middlemist, Inc., developer of Middlemist 3rd Addition (A-718), 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
$$35,106.25
$ 0.00
Sanitary Sewer
14,464.45
0.00
Watermain
18,853.00
0.00
Storm Sewer
22,748.00
0.00
Boulevard Sod
2,400.00
2,400.00
Pond or Ditch Construction
0.00
0.00
Street Signs
300.00
0.00
Street Sweeping &
Storm Sewer Cleaning
11000.00
11000.00
Erosion Control
1,000.00
11000.00
Site Grading
0.00
0.00
TOTALS
$95,871.70
$ 4,400.00
That the Letter of Credit, which was previously reduced to $14,700.00 be further
reduced to $4,400.00 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 February 12, 1979
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 Hoyt , and upon vote being taken thereon, the
following Yoted in favor thereof: _Mayor Hunt, Councilmembers Hoyt and
Spaeth
ine T01iowing votea against or abstained;
Whereupon the Resolution was declared duly
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