HomeMy WebLinkAboutCity Council Resolution 1981-265CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a reguld meeting of
the City Council of the City of Plymouth, Minnesota was held on the
20th day of April . 1981 . The following members were
present: Mayor Davenport, Councilmembers Hot Neils Schneider and Threinen.
The following members were absent: None
Councilmember Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 81- 265
REDUCING DEVELOPMENT BOND
HADLEY PLACE (A-522)
WHEREAS, in accordance with the development contract, dated June 2, 1979, Hadley
Associates, Inc., developer of Hadley Place Addition (A-522), 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 bondino requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NEIN AMOUNT
Street Construction
$ 35,000
$ 500
Sanitary Sewer
24,000
-0-
Watermain
19,500
-0-
Storm Sewer
24,000
-0-
Boulevard Sod
4,200
4,200
Ponds
500
-0-
StrPet Signs
300
300
Street Sweeping &
Storm Sewer Cleaning
11500
1,500
Erosion Control
1,500
11500
Site Gradina
13,000
1,300
Design, Admn., Insp.,
As-Builts
14,820
2,000
Project 921
47,348
-0-
Totals
$185,668
$11,300
That the letter o"credit which was previously reduced to $109,948 be further reduced
to $11,300 to reflect the completed work.
FURTHER BE IT RESOLVED that the street constructior :ind concrete curb and qutter are
accepted, as of April 20, 1981, for continual maintenance subject to the one year
fkermoii n orhethee ado°�t do of the foregoing Resolution was duly seconded by
CoUncilmeMberThr inen , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Hoyt, Neils,
Schneider and Threinen
The following voted aga nstor abstained: none
Whereupon the Resolution was declared duly passed and adopted.