HomeMy WebLinkAboutCity Council Resolution 1982-005CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the Cty of Plymouth, Minnesota was he7d —on
4th day of Januar , 19 82. The following members were
present::a or Davenport, Councilmem ers Hoyt, Moen Schneider and Threinen
The following members were a sent: none
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Councilmember Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 82-05
REDUCING DEVELOPMENT BOND
WEST RIDGE ESTATES 1ST ADDITION (A-745)
WHEREAS, in accordance with the development contract dated June 1, 1979, Laukka
and Associates, Inc., developer of West Ridge Estates 1st Addition (A-745), 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
Widen Co. Rd. #9
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard Sod
Pond or Ditch Construction
Street Signs
Street Sweeping & Storm Sewer
Cleaning
Erosion Control
Site Grad -.ng
Design, Adm., Insp.
TOTALS
ORIGINAL AMOUNT
$ 15,306
27,820
52,195
45,087
14,170
4,400
1,000
300
1,000
1,500
35,200
21,920
$219,898
NEW AMOUNT
$ -0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
1
1
1
1
$ -0-
That the letter of credit which was previously reduced to $3,300 be further
reduced to $0 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Ho t , and upon vote being taken thereon, the
following voted in favor t ereo : Mayor Davenport, Councilmembers Hoyt,
Moen Schneider and Threinen
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.