HomeMy WebLinkAboutCity Council Resolution 1982-425CITY 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 16th day of
A„gnSt , 1982. The following mesbers were present:Acting Mayor
_Schneider. Councilmembers Moen, Neils & Threineq The following vers were
absent: Mayor Davenport
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Councilmember Neils introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 82-425
REDUCING DEVELOP,',ENT BOND
CARLSON COMPANIES ADDITION (.A-215)
WHEREAS, In accordance with the development contract dated September 16, 1974,
Carlson Properties, Inc., developer of Carlson Companies Addition; (A-215), has
agreed to install certain improvements for said development; and
WHEREAS, the developer has completed all of the required work as noted below;
and
WHEREAS, the developer has rfquested a reduction of the development bond to
reflect the completed work;
NOW, THEREFORE, BE IT HEREBY RESOLVFD BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA that the bonding requirements are reduced as follows:
ITEM ORIGINAL AMOUNT NEW AMOUNT
Street Signs $ 300 $-0-
Street Sweeping and Storm Sewer Cleaning 11000 -0-
Total S1,300 S -O -
That the letter of credit required be reduced from $1,300 to zero to reflect the
completed work. Development bond ii400EK0347 Is hereby released.
Ttie motion for the adoption of the foregoing Resolution was duly seconded by
Coyncilmember Moen , and upon vote being taken thereon, the
following vot:9d In favor thereof: Acting Mayor Schneider, Councilmembers Moen,
The following voted against or abstained: none
Whereupon the Resolution was declared duly pasW and adopted.