HomeMy WebLinkAboutCity Council Resolution 1980-032CITY 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
7th day of Januar , 19 84 The following members were
present: Mayor Hunt, Councilmembers Davenport, Hoyt, Neils and Schneider
The following members were absent: None
Councilmember Hoyt introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 80-32
REDUCING DEVELOPMENT BOND
FOX GLEN ADDITION (A-814)
WHEREAS, in accordance with the Development Contract, dated September 14, 1979,
Zachman Homes, Inc., developer of Fox Glen Addition (A-814), 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
$ 140,073.00
$ 69,634
Sanitary Sewer
87,365.00
4,368
Watermain
46,578.00
2,329
Storm Sewer
31,418.00
1,571
Boulevard Sod
10,800.00
10,800
Pond or Ditch Construction
0.00
0
Street Signs
750.00
750
Street Sweeping &
Storm Sewer Cleaning
11500.00
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
9,348
TOTALS
$421,998.08
$104,600
That the Letter of Credit which was previously reduced to $196,273.00 be further
reduced to $104,600.00 to reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are
.accepted, as of January 7, 1980, 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
Councilmembr Neils , and upon vote being taken thereon, the
following vote in raYor thereo Mayor Hunt, Councilmembers Davenport.
Hot Neils and Schneider
The following voted against orabstained; None
Whereupon the Resolution was declared duly pasised and adopted,