HomeMy WebLinkAboutCity Council Resolution 1980-893CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Knneso a was held on the
15th day of December , 19 80 . The following members were
Thesent: r1a or uaven ort na irr 1
e following members were sen : none e
Councilmember Neils introduced the following Resolution and
moved is a opt on:
RESOLUTION NO. 80-893
REDUCING DEVELOPMENT BOND
AMHURST 1ST ADDITION (79046)
WHEREAS, in accordance with the Development Contract, dated November 2, 1979,
Ban Con, Inc. Developer of Amhurst 1st Addition, 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 Develope- 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
Street Construction
$ 33,000
Sanitary Sewer
19,500
Watermain
17,600
Storm Sewer
28,500
Boulevard Sodd
2,800
Pond or Ditch Construction
-0-
Street Signs
300
Street Sweeping &
Storm Sewer Cleaning
500
Erosion Control
500
Site Grading & Drainage Imp.
21,000
Park and Trail Improvements
-0-
Design, Admin., Insp., As-builts 14,844
TOTALS $138,C-44
NEW AMOUNT
$2,500
-0-
-0-
-0-
2,800
-0-
300
500
500
-0-
-0-
800
$7,400
That the Letter of Credit be reduced to $7,400 to reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are
accepted as of December 15, 1980 for continual maintenance subject to one year
guarantee by the Developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Schneider . and upon vote being taken thereon:, the
votea to Tavor tnereoT:
Schneider and,Threinen
The follfting voted against
Miereupon the Resolution was
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stained: none •
ared dulY—pa—sW a p -
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