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HomeMy WebLinkAboutCity Council Resolution 1979-634Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota was held - n the 24th day of September . 19_Z.%_. The following members were .resent: Ma or Hunt, Councilmembers Dav noort_ Hoyt and S�j�h The following members were absent: Councilmemher Neils Councilmember Spaeth introduced the following Resolution and moved its adoption: RESOLUTION NO. 79-634 REDUCING DEVELOPMENT BOND GLEASON LAKE ADDITION (A-196) WHEREAS, in accordance with the Development Contract, dated December 19, 1977, Charles Van Eeckhout, developer of Gleason Lake 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 S 37,108 $ 1,000 Sanitary Sewer 24,189 500 Watermain 19,700 500 Storm Sewer 3,146 400 Boulevard Sod 3,600 3,600 Pond or Ditch Construction 3,000 1,000 Street Signs 300 300 Street Sweeping 8 Storm Sewer Cleaning 11000 1,000 Erosion Control 1,000 1,000 Site Grading 18,000 0 Park Improvements 6,000 6,000 TOTALS $117,043 $15,200 That the Letter of Credit which was previously reduced to $29,525 be further reduced to $15,200 to reflect the completed work. FURTHER BE IT RESOLVED that the street construction, concrete curb and gutter, sanitary sewer, watermain and storm sewer area accepted, as of September 24, 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 and upon vote being taken thereon. the o, owjng.rote . n tavor ereo : mayor Hunt Councilmembers DaLvpnnnrt- Whereupon the Resolution was declared � rrr wMe