HomeMy WebLinkAboutCity Council Resolution 1980-894CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a re ular meeting of
the City Council of the City of Plymouth, Minnesota was held on the
15th day of December 19 80 The following members were
present: M
The follow ng members were a sent: none
Councilmember Neils introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 80-894
REDUCING DEVELOPMENT BOND
AMHURST 2ND ADDITION (79046)
WHEREAS, in accordance with the Development Contract, dated March 29, 1980
Ban Con, Inc. Developer of Amhurst 2nd 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 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
Street Construction
41,389
Sanitary Sewer
120,010
Watermain
97,288
Storm Sewer
63,486
Boulevard Sod
16,000
Pond or Ditch Construction
-0-
Street Signs
600
Street Sweeping &
Storm Sewer Cleaning
2,000
Erosion Control
1,500
Site Grading & Drainage Imp.
53,800
Park and Trail Improvements
34,000
Design, Admin., Insp., As-builts 51,609
TOTALS $481,682
NEW AMOUNT
5,000
-0-
-0-
-0-
16,000
-0-
600
2,000
1,500
5,000
34,000
7,700
$71,800
That the Letter of Credit be reduced to $71,800 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 the one year
guarantee by the Developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
TollowIng Voted In rAyor t ereo ; Mayor Davenport Councilmemhprc IHnyt,
Neils, Schneider and Threinen
The following vote a ns or abstained; •
Whereupon the Resolution was declared duly passe and adopud.