HomeMy WebLinkAboutCity Council Resolution 1981-331CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, M nnesota was a on the
18th day of_ May , 1981 The following members were
present: Actin M c,i;' s, ounce members=chneider & Threinen
The following members were absent: Mayor Davenport, Counclimember Hoyt
rn,jpcilm=ber Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 81-331
REDUCING DEVELOPMENT BOND
MISSION PONDS (A-338)
WHEREAS, in accordance with the Development Contract, dated January 27, 1979,
Harry J. Jensen, General Partner, Mission Ponds, 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 e reduction of the Development Bond to
reflect the completed work,
NOWT, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYr10UTH,
MINNESOTA that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NEW AMOUNT
Street Construction (Private)
$11,631.00
$ -0-
Sanitary Sewer
12,182.00
-0-
Watermain
9,655.00
-0-
Storm Sewer
4,960.00
-0-
Boulevard Sod
1,200.00
1,200
Pond or Ditch Construction
0.00
-0-
Street Signs
150.00
150
Street Sweeping &
Storm Sewer Cleaning
1,500.01'
1,500
Erosion Control
11000.00
11000
Site Grading
11,000.00
11100
Admin., Insp., Engr.
6,393.36
600
$59,671.36
$5,550
That the Letter of Credit which was previously reduced to $29,659 be further reduced
to $5,550 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
following voted n favor thereo Acting Mayor Neils. Councilmemb rs achneider
& Threinen
The following vote against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.