HomeMy WebLinkAboutCity Council Resolution 1980-189CITY 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 LFie
17th day of March , 1980 . The following members were
present: Actino Mavor_Neils, Councilastbers Hoyt and Schneider
The following members were absent: _tiavar Hunt. Councilmember avenport
rtt rr� rit
Councilmember Schneider introduced the following Resolution and
moved Its adoption:
RESOLUTION NO. 80- 189
REDUCING DEVELOPMENT BOND
KAPLE CREEK `110 ADDITION (A-350)
WHEREAS, in accordance with the Development Contract, dated July 10, 1978, North-
land 11orteage Company, developer of Maple Creek 2nd Addition (A-350), 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
S100,nO0
$50,000
Sanitary Sewer
100,000
0
Watermain
73,000
0
Storm Sewer
35,000
0
Boulevard Sod
20,000
20,000
Pond or Ditch Construction
28,000
4,000
Street Signs
1,200
1,200
Street Sweeping &
Storm Sewer Cleaning
2,000
2,000
Erosion Control
2,000
2,000
Site Grading
120,000
0
TOTALS
$486,200
$79,200
That the letter of credit be reduced to $79,200 to reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are
accepted as of March 17, 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
Councilmember Hoyt and upon vote being taken thereon, the
following vote to favor there- ; Acting Mayor Neils, Councilmembers
Ho t and Schneider
I he 0 I I owl ng voted against ora sta ne ; None "-
Whereupon the Resolution was declared duly passea and adopted.