HomeMy WebLinkAboutCity Council Resolution 1981-013CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a spec meeting of
the City Council of the City of Plymouth, Minnesota was held on the
5th day of January , 1981 . The following members were
present: f�a or Davenport, Councilmembers Hot Neils Schneider and Threinen.
The following members were absent: none
Councilmember Hoyt introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 81- 13
REDUCING DEVELOPMENT BOND
CREEKWOOD HILLS (A-648)
WHEREAS, in accordance with the Development Contract, dated .'u 1979,
Universal Land Corp., developer of Creekwood Hills (A-643), hay ,Gree-, to install
certain improvements for said development, and
WHEREAS, the Developer has completed a portion of the street, utility and site
crading as noted below, and
WHEREAS, the Developer has requested a reduction of the Development Bond to
reflect the completed work,
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
. MINNESOTA that the bonding requirements are reduced as follows:
ITEM ORIGINAL AMOUNT NE!1 AMOUNT
Street Construction
(Residential)
$ 75,783
$ 75,783
Street Construction
(49th Ave.)
72,000
72,000
Sanitary Sewer
50,157
5,015
Watermain
50,032
5,003
Storm Sewer
40,000
4,000
Boulevard Sod
8,000
8,000
Pond or Ditch Construction
5,000
5,000
Street Signs
750
750
Street Sweeping &
Storm Sewer Cleaning
2,000
2,000
Erosion Control
5,000
5,000
Site Grading
17,000
17,000
Seeding Outlot C
33,000
33,000
TOTALS
$358,722
$232,551
That the Letter of Credit required be reduced to $232,551 to reflect the completed
work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Neils , and upon vote being taken thereon, the
following voted to favor ereo : Mayor Davenport, Councilmembers Hoyt,
Neils Schneider and Threinen
following voted against or abstained: none
Whereupon the Resolution was declared duly passe an a opts .