HomeMy WebLinkAboutCity Council Resolution 1982-059CITY 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:Ma or Davenport. Couqcilmembers
The following members were absent: none
Councilmember Moen introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 82-59
REDUCING DEVELOPMENT BOND
MISSION HILLS PARK 8TH ADDITION (80027)
WHEREAS, in accordance with the development contract dated September 15, 1981,
Mission Hills Park 8th Partnership, developer of Mission Hills Park 8th 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
Street Construction $110,000
Sanitary Sewer 48,088
Watermain 39,268
Storm Sewer 21,268
Boulevard and Drainage Swale Sod 6,800
Pond or Ditch Construction 3,000
Street Signs 300
Street Sweeping and
Storm Sewer Cleaning 2,000
Park and Trail Improvements 3,150
Maintenance of Erosion and Sedi-
ment Control Plan 11000
Site Grading 68,500
Design, Admn., Insp., As-Builts 36,405
TOTALS $339,779
NEW AMOUNT
$28,600
4,809
3,927
2,127
6,800
300
300
2,000
2,000
1,000
6,850
10,000
$68,713
That the letter of credit required be reduced from $339,779 to $68,713 to reflect
the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Threinen , and upon vote being taken thereon, the
following voted n avor ereo : Mayor Davenport. Councilmembers Hoyt, Moen.
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.