HomeMy WebLinkAboutCity Council Resolution 1980-248t
CITY OF PL
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, inneso a was a on he
7th day of April , 19 80 . The following members were
present: Mayor Hunt, ounce Members�avenpor, Noyt, Neils and Schneider
The following members were absent: one ;
Councilmember Schneider introduced the following Resolution and
moved its adoption:
^rSOLUTION NO. 80- 248
REDUCING DEVELOPMENT BOND
CHIPPEWA TRAILS A:)lel rION (A-498)
WHEREAS, in accordance witti the Development Contract, dated April 12, 1977, Lundgren
Bros. Construction, Inc., Developer of Chippewa Trail Addition (A-498), has agreed
to install certain improvements for said development; and
WHEREAS, the Developer has completed a portion of the improvements, as noted helow,
and has completed the final street surfacing; anti
WHEREAS, the Developer has requested a reduction of the Development Pond to reflect
the completed work and the City lids inspected this work and finds it to he acceptable.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA
that the bondinU roquirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NEW AMOUNT
Street Construction
S 29,700
$ 0
Sanitary Sewer System
20,700
0
Watermai n System
17,900
0
Storm Sewer System
16,000
0
Boulevard & Drainage Swale
Sod 6,000
6,000
Pond or Ditch Construction
n
0
Street Signs
750
0
Street Sweeping
2,000
2,000
Park Improvements
0
0
Site Grading
6,000
3,000
TOTALS
$ 99,050
$ 11,000
That the Letter of Credit which was previously reduced to $18,350 be further reduced
reduced to $11,000 to reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are accepted
as of April 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
and upon vote being taken thereon, the
following vote in favor thereof: Mayor Hunt, Councilmembers Davenport,
Hovt. Neils and Schneider
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.