HomeMy WebLinkAboutCity Council Resolution 1979-795F
Pursuant to due call and notice thereof, a r_egu_larr meeting of
the City Council of the City of Plymouth, Minnesota was held on the
3rd day of ne emher , 19-q. The following members were
present: Mayor Hiint, rnunrilmamharc H ji+ NP115�aN,d-S*aioth
The following members were absent: Councilmember Davenport
Councilmember Hoyt introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 79-795
REDUCING DEVELOPMENT BOND
FOX GLEN ADDITION (A-824)
WHEREAS, in accordance with the Development Contract, dated September 14, 1979,
ZACHMAN HOMES, INC. developer of Fox Glen Addition (A-824), 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 Band 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 $ 140,073.00 $ 97,315
Sanitary Sewer 87,365.00 17,280
Watermain 46,578.00 11,880
Storm Sewer 31,418.00 31,418
Boulevard Sod 10,800.00 10,800
Pond or Ditch Construction 0.00 0
Street Signs 750.00 750
Street Sweeping &
Storm Sewer Cleaning 1,500.00 1,500
Erosion Control 2,000.00 2,000
Site Grading 54,000.00 0
Park Improvements (Trail) 2,300.00 2,300
Design, Adm. Insp., As-Builts 45,214.08 21,030
TOTALS $421,998.08 $196,273
That the Letter of Credit required be reduced to $196,273.00 to reflect the
completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
following vote in tavo.r thereof; MaHnnt- rnunriimamhorc Hny+�,���,
Neils and Spaeth
tree following vote against or abstained. one ,
Whereupon the Resolution was declared duty passed and adopted,