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HomeMy WebLinkAboutCity Council Resolution 1981-853CITYiOF"PLYMOUTH Pursuant to due call and notice thereof, a re ular meetino of the City Council of the City of Plymouth, Minnesota was held on the ' 21st day of December 19 8�•} The following members were pres�antt. or Davenport, Councrlmembers Hot Neils' Schneider and Threinen . The following members were a_sent: none Councilmember Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 81-853 REDUCING DEVELOPMENT BOND AMHURST IST ADDITION (79046) WHEREAS, in accordance with the development contract dated November 2, 1979, Ban Con, Inc., developer of Amhurst 1st Addition, 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 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 $ 33,000 $1,650 Sanitary Sewer 19,500 -0- Watermain 17,600 -0- Storm Sewer 28,500 -0- Boulevard and Drainage Swale Sod 2,800 400 Pond or Ditch Construction -0- -0- Street Signs 300 -;0- Street Sweeping and Storm Sewer Cleaning 500 500 Park and Trail Improvements -0- -0- Maintenance of Erosion and Sedi- ment Control Plan 500 500 Site Grading 21,000 -0- Design, Admn., Insp., As-Builts 14,844 50 TOTALS $138,544 $3,100 That the letter of credit required be reduced from $7,400 to $3,100 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by and upon vote being taken thereon, the following voted in favor ereo : Mayor Davenport. Councilmembers Hoyt. Neils, The following voted against or abstained: none Whereupon the Resolution was declared duly--paSSed and adopted. y,