HomeMy WebLinkAboutCity Council Resolution 1981-788Pursuant .to due call and notice thereof,
the City''-Councilof the Cit of Plymouth
16th day of November
present:`ort Councilmem ers l
The following members were absent: Coun
UTH
re ular meeting of
8 esota was held on the
The following members were
Schneider and Threinen
CQ"ncilmember Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 81-788
REDUCING DEVELOPMENT BOND
WIND RIDGE AT BASS LAKE 3RD ADDITION (A-755)
WHEREAS, in accordance with the development contract dated May 18, 1981, Wind Ridge
at Bass Lake 3rd Addition Partnership, developer of Wind Ridge at Bass Lake 3rd
Addition (A-755), 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 noticed below; and
WHEREAS, the developer has requested a reduction of the development bond to reflect
the completed work;
NOW, THEREFORE, BE IF HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NEW AMOUNT
Street Construction
$ 39,325
$15,938
Sanitan Sewer
21,350
2,135
Watermain
13,500
1,350
Storm Sewer
6;200
620
Boulevard and Drainage Swale
Sod 3,200
3,200
Pond or Ditch Construction
2,500
-0-
Street Signs
150
150
Street Sweeping 6
Storm Sewer Cleaning
1,000
1,000
Park and Trail Improvements
-0-
-0-
Maintenance of Erosion and Sedi-
ment Control Plan
11500
1,500
Site Grading
21,500
-0-
Design, Admn., Insp., As-Builts 13,227
6,600
TOTALS
$123,452
$32,493
That the letter of credit required be reduced from $123,452 to $32,493 to reflect
the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
CQuncilMember Threinen , and upon vote being taken thereon, the
Tol lowing voted n ravor erear: Mayor Davenport, Councilmembers Neils,
lar and Arpipan
0 ow ng voted against orabstained: none
Whereupon the Resolution was declared duly pane and adopted.