HomeMy WebLinkAboutCity Council Resolution 1981-424CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a special meeting of
the City Council of the City of Plymouth, Minnesota was held on the
7th day of July , 19 81. The following members were
present: Nayor DAvenoort_ Councilmembers Neils, Schneider and Threinen
The following members were absent: Councilmember Hoyt
WjjncilmPjqhPr Neils introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 81- 424
REDUCING DEVELOPMENT BOND
CHIPPEWA TRAILS 2ND ADDITION (A-498)
WHEREAS, in accordance with the Development Contract, dated March 6, 1978, Lundgren
Bros. Construction, Inc., Developer of Chippewa Trails 2nd Addition (A-498), 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 bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NE14 AMOUNT
Street Construction
$ 45,000
$2,000
Sanitary Sewer
38,800
-0-
Watermain
26,500
-0-
Storm Sewer
2,000
-0-
Boulevard Sod
5,800
4,600
Pond or Ditch Construction
-0-
-0-
Street Signs
450
-0-
Street Sweeping &
Storm Sewer Cleaning
2,000
11000
Erosion Control
2,000
1,000
Site Grading
13,500
-0-
Park Improvements
11000
11000
TOTALS
$137,050
$9,600
That the Letter of Credit required be reduced from $30,900 to $9,600 to reflect the
completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Schneider , and upon vote being taken thereon,the
following votedere n favor M Mayor Davenport, Councilmembers NeiThe
ine roiiowing voted against or abstained: non
Whereupon the Resolution was declared duly passed and adopted.