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HomeMy WebLinkAboutCity Council Resolution 1982-136CITY 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 15th day of Marrh as 1982. The following members were Present:Acting Mayor trhnnidpr-C„nriImembers Hoyt. Moen and Threinen The following members were ifteRt: Mayor Davenport Ursa � � stf Cqljnrilmember Moen Introduced the followinq Resolution and moved its adoption: RESOLUTION NO. 82- 136 REDUCING DEVELOPMENT BOND HARRISON HILLS ADDITION - PHASE I (79055) WHEREAS, in accordance with the development contract dated June 15, 1981, Harrison Hills, Inc., developer of Harrison Hills Addition (79055), 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 AMOUNT NEW AMOUNT Street Construction —'S 60,OW S 40,0(YO Sanitary Sewer 85,000 28,400 Watermain 70,000 28,100 Storm Sewer 25,000 14,500 Boulevard and Drainage Swale Sod 11,800 11,800 Pond or Ditch Construction -0- -0- Street Signs 600 600 Street Sweeping and Storm Sewer Cleanlnq 2,000 2,000 Park and Trail Improvements (Sidewalk) 6,500 6,500 Maintenance of Erosion and Sediment Control Plan 2,500 1,500 Site Grading 50,000 25,000 Design, Administration, Inspection, As -guilts 37,608 20,000 TOTAL $351,008 $178,400 That the letter of credit required be reduced from $351,008 to $178,400 to reflect the completed work. FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer in Phase I (Yorktown Lane and 53rd Ave. N. from Zachary Lane to Ximines Lane) are accepted as of March 15, 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 Cg m ilmemhpr Hoyt and upon vote being taken thereon, the following voted in favor thereof: Acting Mayor Schneider, Councilmembers Hoyt, ftp and Threinen one 70114 Ing voted against or abstained: none Nhera:pon the Resolution was declared duly passed and adopted. •1►a ttr rtst