HomeMy WebLinkAboutCity Council Resolution 2005-413CITY OF PLYMOUTH
RESOLUTION NO. 2005-413
FINAL RELEASE OF FINANCIAL GUARANTEE
CARLSON TERRACE (2003087)
WHEREAS, in accordance with the development contract dated November 19, 2003, Wilson
Management, developer of Carlson Terrace (2003087), has agreed to install certain improvements for
said development; and
WHEREAS, the developer has completed the street, utility and site grading as noted below; and
WHEREAS, the developer has requested a release of the required financial guarantee to reflect the
completed work;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA; that the financial guarantee requirements remain as follows:
FURTHER BE IT RESOLVED that the financial guarantee requirements for the following items per
Section 8.1 of the approved development contract be released as follows:
ITEM
Maintenance of Erosion and Sediment
Control Plan, Street Sweeping, and
Storm Sewer Cleaning
Cash:
ORIGINAL CURRENT NEW
AMOUNT AMOUNT AMOUNT
Adopted by the City Council on November 8, 2005.
$ 1,500 $1,500 $ -0-
ORIGINAL
CURRENT
ITEM
AMOUNT
AMOUNT
Street Constriction
$ -0-
$ -0-
Sanitary Sewer Service/Street Repair
3,000
-0-
Watermain Service/Street Repair
3,000
-0-
Storm Sewer
1,400
-0-
Boulevard and Drainage Swale Sod
1,000
-0-
Retention Pond Filtration System
22,000
-0-
Rain Garden
-0-
-0-
Street Signs
-0-
-0-
Site Grading and Drainage Improvements
5,000
-0-
Setting Iron Monuments
500
-0-
Design, Administration, Inspection, As-Builts
4,308
-0-
Total
$ 40,208
$ -0-
FURTHER BE IT RESOLVED that the financial guarantee requirements for the following items per
Section 8.1 of the approved development contract be released as follows:
ITEM
Maintenance of Erosion and Sediment
Control Plan, Street Sweeping, and
Storm Sewer Cleaning
Cash:
ORIGINAL CURRENT NEW
AMOUNT AMOUNT AMOUNT
Adopted by the City Council on November 8, 2005.
$ 1,500 $1,500 $ -0-