HomeMy WebLinkAboutCity Council Resolution 1982-104CITY OF PLYNDU Ei
Pursuant to due call and notice thereof, a special meeting of the City
Council of the City of Plymouth, Minnesota was geld on the 22nd day of
February . 1982. The Following mmims were pres___Rz ayor Davenport,
Councilmembers Moen, Schneider and Threinen . 9he follaring
absent: Councilmember Hoyt
Councilmember Schneider introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 82-104
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 (80027), 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, THERR'FORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA that the bond requirements are reduced as follows:
ITEM ORIGINAL AMOUNT
NEW AMOUNT
Street Construction --'$Iia
-
~$28,600
Sanitary Sewer
48,088
-0-
Watermain
39,268
-0-
Storm Sewer
21,268
-0-
Boulevard and Drainage Swale Sod
6,800
6,800
Pond or Ditch Construction
3,000
300
Street Signs
300
300
Street Sweeping and Storm Sewer Cleaning
2,000
2,000
Park and Trail Improvements
3,150
2,000
Maintenance of Erosion and Sediment Control Plan
11000
1,000
Site Grading
68,500
6,850
Design, Administration, Inspection, As-Builts
36,405
10,000
TOTAL
$339,779
$57,850
That the letter of credit required be reduced from $68,713 to $57,850 to reflect
the completed word..
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are
accepted as of February 22, 1982 for continual maintenance subject to the one
year guarantee by the developer.
?he motion for the adoption of the foc+egoirg Resolution wAs duly seconded by
CQunci lmember Moen z, and upon vote being taten thereon, the
rg
fd"OwIvoted in favor tinereot: Mayor Davenport, Councilmembers Moen,
Schneider and Threinen
ane voilowrug vocea against or aastainea: none .
Wwreupon the Resolution was declared duly- .