HomeMy WebLinkAboutCity Council Resolution 1980-895CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meetina of
the City Council of the City of Plymouth, Minnesota was held on the
t5thday of December . 1980 . The following members were
Present: Mayor Dayenaort. Counci mem ers HoyT—.Neils, Schneider and Threinen.
The following members were absent: none
CounO lmember Neils introduced the following Resolution and
moved its adoption:
RESOLUTION MO. 80-895
REDUCING DEVELOPMENT BOND
CEDAR RIDGE PLAT TWO (A-813)
WHEREAS, in accordance with the Development Contract, dated August 29, 1980, B -T
Land Company, Developer of Cedar Ridge Plat Twc, 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,
NMI, 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 NE14 AMOUNT
' Street Construction $ 61,680 $15,345
Sanitary Sewer 12,725 -0-
Watermain 41,328 -0-
Storm Sewer 27,500 -0-
Boulevard Sod 10,200 10,200
Pond or Ditch Construction 500 -0-
Street Signs 450 450
Street Sweeping &
Storm Sewer Cleaning 1,500 1,500
Erosion Control 1,500 1,500
Site Grading & Drainage Imp. 5,000 5,000
Park and Trail Improvements 1,500 11500
Boulevard Trees 1,300 1,300
Design, Admin., Insp., As-builts 19,822 4,415
TOTALS $185,005 $41,210
That the Letter of Credit be reduced to $41,210 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.