HomeMy WebLinkAboutCity Council Resolution 1981-190CITY OF PLYMOUTH
Pursuant to due call and notice thereof. a regular meetino of
the City Council of the City of Plymouth, Minnesota was he d on the
16t� day of March , 1981 . The following members were
present: Acting Mayor Neils, Counci members -7o t and Threinen
The following members were absent: ayorDavenport,_ ounce member Schnee er.
Councilmember Threinen introduced the following Resolution and
moved its a option:
RESOLUTIPN NO. 81-190
REDUCING DEVELOPMENT BOND
WEST RIDGE ESTATES IST ADDITION (A-745)
WHEREAS, in accordance with the development contract dated June 1, 1979, Laukka
and Associates, Inc., developer of West Ridge Estates 1st Addition (A-745), 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 HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NEW AMOUNT
Widen Co. Rd. #9
$ 15,306
$ -0-
Street Construction
27,820
-0-
Sanitary Sewer
52,195
-0-
Watermain
45,087
-0-
Storm Sewer
14,170
-0-
Boulevard Sod
4,400
-0-
Pond or Ditch Construction
11000
11000
Street Signs
300
300
Street Sweeping & Storm Sewer
Cleaning
11000
11000
Erosion Control
1,500
11000
Site Grading
35,200
-0-
Design, Adm., Insp.
21,920
-0-
TOTALS
$219,898
$3,300
That the Letter of Credit which was previously reduced to $8,200 be further
reduced to $3,300 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
ouncilmember Hoyt , and upon vote being taken thereon, the
following voted n favor ereo : Acting Mayor Neils, Councilmembers Hoyt
and Threinen
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.