HomeMy WebLinkAboutCity Council Resolution 1980-263C
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth,tM n sota was held on the
7th day of April , 19 80 . The following members were
present: -Mayor Hunt, Councilmember Davenport, Hoyt, Neils and Schneider .
The following members were absent: None
rnuncilmember Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 80-263
REDUCING DEVELOPMENT BOND
MISSION PONDS 2ND ADDITION (A-338)
WHEREAS, in accordance with the Development Contract, dated December 3, 1979,
Harry J. Jensen, General Partner, Mission Ponds 2nd Addition (A-338)
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
Street Construction (Private)
Sanitary Sewer
Watermain
Storm Sewer
Boulevard Sod
Pond or Ditch Construction
Street Signs
Street Sweeping &
Storm Sewer Cleaning
Erosion Control
Site Grading
Trail Improvements
Design, Adm., Insp.
TOTALS
ORIGINAL AMOUNT NEW AMOUNT
$ 31,000 $ 31,000
23,000 0
15,000 1,500
0 0
4,600 4,600
0 0
0 0
1,500
1,500
1,000
1,000
10,600
10,600
3,140
3,140
10,781
6,000
$ 100,621 $ 59,340
That the Letter of Credit be reduced to $59,340 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
Councilmember Hoyt and upon vote being taken thereon, the
following vote in favor thereof: ayor Hunt, Councilmembers Davenport,
Hoyt, Neils and Schneider
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.