HomeMy WebLinkAboutCity Council Resolution 1982-061CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meetino of
the City Council of the City of Plymouth, Minnesota was held on the
1st day of February 5 19 82. The following members were
present: Mayor Davenport. Councilmembers Hoyt. Moen.'Schneider and Threinen
The following members were absent: none
Co ncilmember Moen introduced the following Resolution and
moved its adoptior:
RESOLUTION NO. 82-61
REDUCING DEVELOPMENT BOND
CHIPPEWA TRAILS ADDITION (A-498)
WHEREAS, in accordance with the development contract dated April 12, 1977, Lundgren
Bros. Construction, Inc., developer of Chippewa Trails Addition (A-498),
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
$29,700
$_O_
Sanitary Sewer
20,700
-0-
Watermain
17,500
-0-
Storm Sewer
16,000
-0-
Boulevard and Drainage Swale Sod
6,000
500
Pond or Ditch Construction
-0-
-0-
Street Signs
750
-0-
Street Sweeping and
Storm Sewer Cleaning
2,000
200
Park and Trail Improvements
-0-
-0-
Maintenance of Erosion and Sedi-
ment Control Plan
-0-
-0-
Site Grading
6,000
-0-
Design, Admn., Insp., As-Builts
-0-
-0-
Totals
$99,050
$700
That the letter of credit which was previously reduced to $11,000 be further reduced
to $700 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
following voted n favor thereo Mayor Davenport. Councilmembers Hoyt. Moen.
Thefollowing voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.