HomeMy WebLinkAboutCity Council Resolution 1982-103Crry OF PLE40 ISI
Pursuant bD due call and notice thereof, a special meeting of the City
OD:ncil of the City of Plymouth, mr4weota was held an the 22nd day of
February , 1982• The Sollaving mzders were present: Rayor Davenport,
_Councilmembers Moen, Schneider and Threinen The follow g rs were
absent: Councilmember Hoyt
Councilmember Schneider introduced the following Resolution and mowed its
Fmwion:
RESOLUTION NO. 82-103
REDUCING DEVELOPMENT BOND
ZACHARY HILLS 2ND ADDITION (79045)
WHEREAS, in accordance with the development contract dated May 29, 1981, Marvin
H. Anderson Construction Co., developer of Zachary Hills 2nd Addition (79045),
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 `IHE CITY OF
PLYMOUTH, MINNESOTA that the bond requirements are reduced as follows:
ITEM ORIGINAL AMOUNT
NEW AMOUNT
Street Construction
$
Sewer
14,441
1,444
Watermain
23,703
2,370
Storm Sewer
-0-
-0-
Boulevard and Drainage Swale Sod
3,600
3,600
Pond or Ditch Construction
-0-
-0-
Street Signs
300
300
Street Sweeping and Storm Sewer Cleaning
1,000
11000
Park and Trail Improvements
-0-
-0-
Maintenance of Erosion and Sediment Control Plan
1,000
11000
Site Grading
20,000
2,000
Design, 'dministration, Inspection, As-Builts
13,960
9,960
MEAL
$130,292 $53,794
That the letter of credit required be reduced from $130,292 to $53,79+ to reflect
the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Moen , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Moen,
Schneider and Threinen
The following voted against ar none
fihereupan the Resolution was declared duly passed and adopted.