HomeMy WebLinkAboutCity Council Resolution 1982-191CITY 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 19th day of
April , 1982. The following members were presentMavor Davenport,
g tiers Moen. Schneider and Threinen The following members were
absent:--CounhYmee" er
Royt
Schneider introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 82-191
REDUCING DEVELOPMENT BOND
HERITAGE ESTATES ADDITION (A-82.4)
WHEREAS, in accordance with the development contract dated July 18, 1979, The
Medford Corporation, developer of Heritage Estates Addition (A-824), 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
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Erosion Control
Site Grading
Design, Administration, Inspection, As-Buiits
TOTAL
ORIGINAL AMOUNT NFW AMOUNT
134,834 S10,700
125,510 -0-
77,841 -0-
45,510 -0-
10,200 6,000
1,000 -0-
600 -0-
1,500 1,500
1,500 750
177,990 -0-
69,178.20 500
$645,663.20 519,450
That the letter of credit required which was previously reduced to 529,450 be
further reduced to $19,450 to reflect the completed work.
-URTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are
ac,�epted as of April 19, 1982 for continual maintenance subject to the one Year
guarantee by the developer.
The notion 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, Schneid.er
wnrifoTbrOnen
The llowing voted against or abstaii;W7 none
Whereupon the Resolution was declared duly passed and adopted.