HomeMy WebLinkAboutCity Council Resolution 1982-060CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minnesota was held on the
1st day of February , 19 82. The following mef.ibers were
presentMa or Daven ort Councilmembers Hot Moen Schneider and Threinen
The following members were absent: none
Councilmember Moen introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 82-60
REDUCING DEVELOPMENT BOND
WEST RIDGE ESTATES THIRD ADDITION (A-745)
WHEREAS, in accordance with the development contract dated June 10, 1980, Laukka
and Associates, Inc., developer of West Ridge Estates Third 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
ORIGINAL AMOUNT
NEW AMOUNT
Street Construction
$ 50,125
$ 9,661
Sanitary Sewer
58,373
-0-
Watermain
67,207
-0-
Storm Sewer
5,657
-0-
Boulevard and Drainage Swale
Sod 12,000
81000
Pond or Ditch Construction
-0-
-0-
Street Signs
150
150
Street Sweeping and
Storm Sewer Cleaning
1,500
1,500
Erosion Control
2,000
2,000
Private Streets, Driveways &
Parking Areas 22,500 14,000
Site Grading & Drainage Imp. 30,000 3,000
Design, Admn., Insp., As-Builts 29,941 4,597
$279,453 $42,908
That the Letter of Credit required be reduced from $71,558 to $42,908 to reflect the
completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer serving
Phase II (Lots 21 through 36, Block 1, and Lots 9 through 24, Block 2) West Ridge
Resolution No.82-60
Page 2
Estates Third Addition and the street construction and concrete curb and gutter
adjacent to Phase I (Lots 1 through 20, Block 1, and Lots 1 through 8, Block 2)
West Ridge Estates Third Addition 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 Councilmember Threinen , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Hoyt,
Moen, Schneider and Threinen
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.