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HomeMy WebLinkAboutCity Council Resolution 1982-105CITY OF PLYNam Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota was held on the 22nd day of February , 1982. The following manbers were present:Mayor Davenport, Councilmembers Moen, Schneider and Threinen Zhe 8ollowing members were absent: Councilmember Hoyt Councilmember Schneider introduced the following Resolution and mowed its adoption: RESOLUTION NO. 82-105 REDUCING DEVELOPMENT BOND BURL OAKS 3RD ADDITION (A-792) WHEREAS, in accordance with the development contract dated March 16, 1981, Lundren Bros. Construction, Inc., developer of Burl Oaks 3rd Addition (A-792), 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 bond requirements are reduced as follows: ITEM ORIGINAL A4OUNT NEW AMOUNT Street Construction $ 71,600 ~$57,280 Sanitary Sewer 47,700 -0- Watermain 35,500 -0- Storm Sewer 8,200 -0- Boulevard and Drainage Swale Sod 5,000 5,000 Pond or Ditch Construction -0- -0- Street Signs 300 300 Street Sweeping and Storm Sewer Cleaning 1,500 1,500 Park and Trail Improvements (Paving) 1,600 1,600 Maintenance of Erosion and Sediment Control Plan 500 500 Site Grading 20,400 2,040 Design, Administration, Inspection, As-Builts 23,076 81180 TOTAL $215,376 $76,400 That the letter of credit required be reduced from $86,660 to $76,400 to reflect the completed work. 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. The motion for the addition of the foregoing Resolution was duly seaonded by Councilmember Moen , and upon vote being taken thereon, the following voted in favor Mayor Davenport, Councilmembers Moen, Schneider and Threinen ■ The following wteO against or tai.ned: none Nherreupon the Resolution was declared duly nod .