HomeMy WebLinkAboutCity Council Resolution 1981-332CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a rawlar meeting of
10 the City Council of the City of Plymouth, M nnesota was heiT on the
iRth-- day of Ma , 1981 . The following members were
present: cti.ng Mayor ails, Councilmem5ers 3cfineider & Threinen ,
The following memoirs were absent: Maxtor Davenport. Councilmember Hoyt
Councilmember Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION MO. 81-332
REDUCING DEVELOPMENT BOND
MISSION PONDS 2ND ADDITION REVISED (A-338)
WHEREAS, in accordance with the Development Contract, dated December 3, 1979,
Harry J. Jensen General Partner, Mission Ponds 2nd Addition (A-338)
agreed to instal 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,
NOMI, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that the bonding requirements are reduced as follows:
ITEM ORIGINAL AMOUNT
. Street Construction (Private) $ 31,000
Sanitary Sewer 23,000
Watermain 15,000
Storm Sewer -0-
Boulevard Sod 4,600
Pond or Ditch Construction -0-
Street Signs -0-
Street Sweeping &
Storm Sewer Cleaning 1,500
Erosion Control 11000
Site Grading 10,600
Trail Improvements 3,140
Design, Adm., Insp. 10,781
$100,621
NE14 A ;OUNT
$ -0-
-0-
-0-
-0-
2,300
-0-
-0-
1,500
1,000
1,060
3,140
1,080
$10,080
That the Letter of Credit which was previously reduced to $59,340 be further reduced
to $10,080 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
uow� einen , and upon vote being taken thereon, the
0 ng voted n favor therere: Acting Mayor Neils, Councilmembers Schneider
me fon owing voted against ora stains n
Whereupon the Resolution was declared duly passed an a opts .