HomeMy WebLinkAboutCity Council Resolution 1981-428CITY 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 , 1981 . The following members were
present: Mayor Davenport, Councilmembers Neils, Schneider and Threinen
The following members were absent: ounce mem er oy
ncilmember Neils introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 81-428
REDUCING DEVELOPMENT BOND
MISSION HILLS PARK ADDITION (A-338)
WHEREAS, in accordance with the Development Contract, dated June 28, 1976, Mission
West Development Corporation, developer of Mission Hills Park Addition (A-338), 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 AtiOUNT
Street Construction
$ 14,500
$ -0-
Sanitary Sewer
15,500
-0-
Watermain
12,500
-0-
Storm Sewer
2,700
-0-
Boulevard Sod
4,000
-0-
Pond or Ditch Construction
2,000
-0-
Street Signs
50
-0-
street Sweeping &
Storm Sewer Cleaning
300
-0-
Erosion Control
-0-
-0-
Site Grading
-0-
-0-
Trails
2,000
2,000
TOTALS
$ 53,550
$ 2,000
That the Letter of Credit which was previously reduced to $3,450 be further reduced
to $2,000 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Schneider , and upon vote being takjn ttoereop �he
following votedn avor Co
thereof: Mayor Davenport, uncilme ers �i s,
Schneider and Threinen
The folliOng voted against orabstained: none
Whereupon the Resolution was declared duly passecf and a opts .