HomeMy WebLinkAboutCity Council Resolution 1980-250CITY 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 he
7th day of April , 19 80 . The following members were
presenj: Mayor Hunt, Councilmembers Davenport, Hoyt, Neils and Schneider ,
following
tet*
Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION N0. 80- 250
REDUCING DEVELOPMENT BOND
CIMARRON EAST (A-295)
WHEREAS, in accordance with the Development Contract, dated April 28, 1978,
Cheyenne Land Company, Developer of Cimarron East (A-295), 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
$ 84,300
$ 2,000
Sanitary Sewer
142,200
0
Watermain
109,800
0
Storm Sewer
34,200
0
Boulevard Sod
6,200
3,100
Pond or Ditch Construction
0
0
Street Signs
1,350
600
Street Sweeping &
Storm Sewer Cleaning
2,000
2,000
Erosion Control
2,000
1,000
Site Grading
25,000
2,500
Private Street Construction
136,000
10,000
Landscaping
20,000
7,000
Pool
15,000
0
TOTALS
$578,050
$ 28,200
That the Letter of Credit, which -vas previously reduced to $87,400 be further reduced
to $28,200 to reflect the completed work
FURTHER BE IT RESOLVED that the street construction, concrete curb and gutter (19th
and 17th Avenue), 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 n avor t ereo : mayor Hunt_ Counci lMembers Davenport,
Hoyt_ Neils and Schneider
ine Tojiowing voted against or abstained:
Whereupon the Resolution was declared dul