HomeMy WebLinkAboutCity Council Resolution 1980-845CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minnesota was heldon the
day of November , 19 80. The following members were
present: Mayor Hunt Counclme ers oyt;—Weils and Schneider
The following members were absent: Councilmember Davenport
Councilmember Neils introduced the following Resolution and
moved lis adoption:
RESOLUTION NO. 80-845
REDUCING DEVELOPMENT BOND
FOX GLEN ADDITION (A-814)
WHEREAS, in accordance with the Development Contract, dated September 14, 1979,
Zachman Homes, Inc., developer of Fox Glen Addition (A-814), 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:
10 ITEM ORIGINAL AMOUNT NEW AMOUNT
Street Construction
$ 140,073 $
0
Sanitary Sewer
87,365
0
Watermain
46,578
0
Storm Sewer
31,418
0
Boulevard Sod
10,800
0
Pond or Ditch Construction
0
0
Street Signs
750
0
Street Sweeping &
Storm Sewer Cleaning
1,500
1,500
Erosion Control
2,000
2,000
Site Grading
54,000
0
Park Improvements (Trail)
2,300
0
Design, Adm., Insp., As-Builts 45,214.08
0
TOTALS
$421,998.08
3,500
That the Letter of Credit which was previously reduced to $8,900.00 be further
reduced to $3,500.00 to reflect the completed work.
The notion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Ho t , and upon vote being taken thereon, the
0 owing vote i'n fayor thereo : Mayor Hunt, Councilmembers Hoyt, Neils
and Schneider
e following voted against ora sta.ne : none
Whereupon the Resolution was declared duly passed and adopted,