HomeMy WebLinkAboutCity Council Resolution 1980-271CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth,innM' esota` was held on the
7th day of April , 1980 . The following members were
present: Maior_Hunt, Councilmembers Davenport, Hoyt, Neils and Schneider .
fol1
were a
�_1',t�unci�leilber Schneider introduced the following Resolution and
move its adoption:
RESOLUTION NO. 80- 271
REDUCING DEVELOPMENT BOND
WIND RIDGE ON BASS LAKE (A-755)
WHEREAS, in accordance with the Development Contract, dated April 24, 1978, Lundgren
Bros. Construction, Inc., developer of Wind Ridge on Bass Lake (A-755), has
agreed to install certain improvements for said development; and
WHEREAS, the Developer has completed a portion of the street, uti'ity 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
$ 46,552
4,600
Sanitary Sewer
60,100
3,000
Watermain
23,450
1,200
Storm Sewer
6,750
0
Boulevard Sod
5,000
4,500
Pond or Ditch Construction
0
0
Street Signs
600
600
Street Sweeping &
Storm Sewer Cleaning
2,000
2,000
Erosion Control
3,000
2,000
Site Grading
10,440
0
TOTALS
$ 157,892
$ 17,900
That the Letter of Credit be reduced to $17,900 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
�njjnrilmg Pr v , and upon vote being taken thereon, the
following voted in favor t ereo Mayor N,Snt, o m _i lm tubers navpnport.
Hoyt. Neils and Schneider
The following voted against or abstained: None
Whereupon the Resolution was declared duly passe an a op e
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EXTRACT OF MINUTES OF MEETING OF THE
CITY COUNCIL OF THE CITY OF PLYMOUTH
HENNEPIN COUNTY, MINNESOTA
Pursuant to due call and notice thereof, a regular meeting of the
Council of the City of Plymouth, Minnesota, was duly held in the City Hall
in the City of Plymouth on Monday, April 21, 1980, commencing at 7:30
o'clock p.m.
The following members were present: Howard Hunt, Mayor; David J. Davenport,
Patricia Hoyt, Gerald Neils, Virgil
Schneider
and the following were absent: None
The Mayor announced that the meeting was convened for the consider-
ation of the bids which had been received for the purchase of $2,950,000
General Obligation Park Improvement Bonds of 1980, as advertised for sale.
The City Clerk presented affidavits showing publication of notice of sale
in the official newspaper and in Commercial West, a financial paper pub-
lished in Minneapolis, Minnesota, which affidavits were examined and found
satisfactory and ordered placed on file.
The City Clerk presented the sealed bids which had been received prior
to the time specified in the notice of sale, which were then opened and
tabulated. The bids were as follows: See attached bid tabulation