HomeMy WebLinkAboutCity Council Resolution 1981-381CITY OF PLYMOUTH
Pursuant to due call and notice thereof, ameeting of
. the City Council of the City of Plymouth, Menne ota was held on the
15th day of June 1981 . The following
aymembers were
present: Acting Mor oyt, ounce me ersFineider and Thr einen
The following members were absent. Mayor DavenFo-rt, Councl Ime, er Nei
Councilmember Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 81- 381
REDUCING DEVELOPMENT BOND
FERNDALE NORTH 4TH ADDITION (A-615)
WHEREAS, in accordance with the Development Contract, dated July 5, 1979,
Lundgren Bros. Construction, Inc., developer of Ferndale North 4th Addition (A-615)
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 bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NE14 A11OUNT
Street Construction
$ 55,000
$ 8,500
Sanitary Sewer
50,100
-0-
Watermain
23,500
-0-
Storm Sewer
14,500
-0-
Boulevard Sod
5,800
2,900
Pond or Ditch Construction 2,000
-0-
Street Signs
450
450
Street Sweeping &
Storm Sewer Cleaning
1,500
1,500
Erosion Control
1,500
11000
Site Grading
6,000
2,000
Design, Insp., Admin.,
As-Builts 19,242
5,850
TOTALS
$179,592
$22,200
That the Letter of Credit required be reduced from $44,250 to $22,200 to reflect the
completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are accepted,
as of June 15, 1981, for continual maintenance subject to the one year guarantee by
the Developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Threinen , and upon vote being taken thereon, the
following voted n favoreiF reoM Acting Mayor Hoyt, Councilmembers Schneider
r i en
The following voted against orabstained: none
Whereupon the Resolution was declared duly passed and adopted -7-