HomeMy WebLinkAboutCity Council Resolution 1979-288CITY 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
10 21st day of May , 19-2-9L. The following members were
present: Mayor Hunt, Councilmembers Hoyt, Neils, Seibold and Spaeth
The following members were absent: None
Councilmember Seibold introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 79-288
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 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 JF PLYMOUTH,
MINNESOTA that the bonding requirements are reduced as follows:
ITEM
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard Sod
Pond or Ditch Construction
Street Signs
Street Sweeping &
ORIGINAL AMOUNT NEW AMOUNT
$ 62,302.00
$ 44,777.00
63,957.50
0.00
45,180.25
0.00
32,450.00
0.00
9,400.00
9,400.00
0.00
0.00
600.00
600.00
Storm Sewer Cleaning 11000.00 11000.00
Erosion Control 2,000.00 2,0On.OJ
Site Grading 0.00 0.00
Design, Admin., Inspection 26,026.77 6,933.00
TOTALS $242,916.52
$ 64,710.00
That the Letter of Credit, which was previously reduced to $80,570, be further reduced
to $64,710 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
' Councilmemb r 4ells , and upon vote being taken thereon, the.
following vote !.n tayor thereof: Mayor Hunt, Councilmembers Hoyt. Neils.
Seibold and Spaeth
Me following voted against orabstained; None
Whereupon the Resolution was declared duly passed andadopted,