HomeMy WebLinkAboutCity Council Resolution 1981-855CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a re ular meeting of `
the City Council of the City of Plymouth, Minnesota was held on the
21st day of December . 19 81. The following members were
1 present- MaXor DaXenport. Coupcilmembers
The following members were Absent: none
Councilmember Neils introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 81-855
REDUCING DEVELOPMENT BOND
BURL OAKS 3RD ADDITION (A-792)
WHEREAS, in accordance with the development contract dated March 16, 1981,
Lundgren Bros. Construction, Inc., developer of Burl Oaks 3rd Addition (A-792),
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 $ 71,600 $57,280
Sanitary Sewer 47,700 4,770
Watermain 35,500 3,550
Storm Sewer 8,200 820
Boulevard and Drainage Swale Sod 5,000 51000
Pond or Ditch Construction -0- -0-
Street Signs 300 300
Street Sweeping and
Storm Sewer Cleaning 1,500 1,500
Park and Trail Improvements(Paving) 1,600 1,600
Maintenance of Erosion and Sedi-
ment Control Plan 500 500
Site Grading and Drainage Imp. 20,400 2,040
Design, Admn., Insp., As-Builts 23,076 9,300
TOTALS $215,376 $86,660
That the letter of credit required be reduced from $215,376 to $86,660 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 votein favor ereo : Mayor Davenport, Councilmembers Hoyt, Neils,
Schneider and Threinen
Tfii-751lowing voted against or abstained: none
Whereupon the Resolution was declared duly passed aniropted.