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HomeMy WebLinkAboutCity Council Resolution 1980-249Pursuant to due call and notice thereof, a�reg�ular meeting of the City Council of the City Qf Plymouth, Miwesota was a on the 7th day of Apr'1 , 19 The following members were present: Davenport, Hoyt, Neils and Schneider The following members were absent: None Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NO. 80-249 REDUCING DEVELOPMENT BON) CHIPPEWA TRAILS 2ND ADDITION (A-498) in .ic_cordance with the Development Contract, dated March 6, 1978, Lundgren Bros. Construction, inc., leveloper of Chippewa Trails 2nd Addition (A-498), agreed 'o irlsf.ali certain improvements for said developient; and AIHEREAS, the Developer has co.1pleted a portion of the street, utility and site grading as noted below; and I4HEREAS, the Developer has requested o reduction of the Development Bond to reflect the completed work. NOW, THEREFORE, BE II RESOLVI-0 KY 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 45,000 $ 15,000 Sanitary Sewer 38,800 2,000 Waterrmin 26, )00 1,300 Storm Sewer 2,.100 ) Boulevard Sod 5,800 5,s;n0 Pond or Ditch 7ons;.ruction 0 0 Street Signs 450 450 Street Sweeping & Storm Sewer Cleaning 2,000 2,000 Erosion Control 2,000 2,000 Site Grading 13,500 1,350 Park Improvements 1,000 11000 TOTALS $137,050 $ 30,900 That the Letter of Credit be reduced to $30,900 to reflect the completed work. FURTHER BE IT RESOLVED that the street construction (except turn lane on Medicine Lake Boulevard), concrete curb and gutter, 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 Councilmember Hoyt and upon vote being taken thereon, the following voted in favor thereof: yor Hunt, Councilmembers Davenport, Hot Neils and Schneider The following voted against or abstained: one . Whereupon the Resolution was declared duly passed and adopted.