HomeMy WebLinkAboutCity Council Resolution 1980-310CITY 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 Fe
5th day of May , 19 80. The following members were
present:
The following members were absent: Nnn
Councilmember Neils introduced the following Resolution and
moved its adoption:
RESOLUTION NO.80-310
REDUCING DEVELOPMENT BOND
SHILOH 3RD ADDITION (A-331)
WHEREAS, in accordance with the Development Contract, dated March 6, 1978,
Lundgren Bros. Construction, Inc., Developer of Shiloh 3rd Addition (A-331), 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
$ 23,700
$ -O-
Sanitary Sewer
18,200
-0-
Watermain
33,800
500
Storm Sewer
12,300
-0-
Boulevard Sod
3,400
2,800
Pond or Ditch Construction
-0-
-0-
Street Signs
300
-0-
Street Sweeping b
Storm Sewer Cleaning
1,000
11000
Erosion Control
11000
1,000
Site Grading
-0-
-O-
TOTALS
$ 93,700
$ 5,300
That the Letter of Credit which was previously reduced to $16,870 be further reduced
to $5,300.
FURTHER BE IT RESOLVED that the street construction and concrete curb and gutter are
accepted, as of May 5, 1980, for continual maintenance subject to the one year
.guarantee by the Developer.
The notion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
following vote n favor thereo : Mayor Hunt.Councilmember-c ypnpaxt. ,
Ho t, Neils and Schneider
W -following voted alai ns or abstained;
Whereupon the Resolution was declared duly passed and adOptid,