HomeMy WebLinkAboutCity Council Resolution 1982-058CITY OF 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 -
1st day of February , 19 82. The following members were
present: Mayor Davenport, Councilmembers Hoyt. Moen. hn i r and Threinen
The following members were absent: none
Councilmember Moen introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 82-58
REDUCING DEVELOPMENT BOND
MISSION HILLS PARK 5TH ADDITION (A-338)
WHEREAS, in accordance with the development contract dated June 20, 1978, Mission Hills
Park 5th Addition Partnership, developer of Mission Hills Park 5th 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 HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that the bonding requirements are reduced as follows:
. ITEM ORIGINAL AMOUNT
Street Construction $ 41,600
Sanitary Sewer 22,900
Watermain 17,200
Storm Sewer 6,800
Boulevard and Drainage Swale Sod 4,600
Pond or Ditch Construction 1,000
Street Signs 300
Street Sweeping and
NEW AMOUNT
$_O_
-0-
-0-
-0-
-0-
-0-
-0-
Storm Sewer Cleaning
1,000
-0-
Park and Trail Improvements
-0-
-0-
Maintenance of Erosion and Sedi-
ment Control Plan
1,000
-0-
Site Grading (Trail)
36,800
-0-
Design, Admn., Insp., As-Builts
15,984
-0.
TOTALS
$149,184
$_O_
That the letter of credit which was previously reduced to $7,380 be further
reduced to $0 to reflect the completed work.
FURTHER BE IT RESOLVED that the street construction and concrete curb and gutter
are accepted, as of February 1, 1982 for continual maintenance subject to the one
Year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
following voted to favor thereof- Mayor Davenport, Councilmembers Hoyt, Moen,
Schneider and Threinen
The f0llowing voted against or abstained: none
Whereupon the Resolution was declared duly passe an adopted.