HomeMy WebLinkAboutCity Council Resolution 1979-19410
CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Ply:m�uth, Minnesota was held on the
2nd day of April , 19 79. The following members were
present: Mayor Hunt, Counci member oyt,—Veils and Spaeth
ThP fnllnwina mPmhern wpre ahsent ouncilmember Z)e1 0
ems*
Councilmember Hoyt introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 79-194
REDUCING DEVELOPMENT BOND
FERNDALE NORTH 2ND ADDITION (A-615)
WHEREAS, in accordance with the Development Contract, dated March 27, 1977, Lundgren
Bros. Construction, Inc. developer of Ferndale North 2nd Addition (A-615), have
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
S 28,824
$ 2,882
Sanitary Sewer
33,658
0
Water -main
31,055
0
Storm Sewer
13,981
0
Boulevard Sod
4,800
1,200
Pond or Ditch Construction
0
0
Street Signs
150
150
Street Sweeping &
Storm Sewer Cleaning
3,000
3,000
Erosion Control
0
0
Site Grading
12,000
0
Parks
20,000
20,000
TOTALS
5147,468
$27,232
That the Letter of Credit, which was previously reduced to $52,950, be further
reduced to $27,232 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 April 2, 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 Spaeth 'and upon vote being taken thereon, the
following vote in favor thereof: Mayor Hunt, Councilmembers Hoyt, Neils
and Spaeth ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.
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