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HomeMy WebLinkAboutCity Council Resolution 1982-427CITY OF PLYMOl1TH Pursuant to due call and notice thereof, a regglir_ meeting of the City Council of the City of Plymouth, Minnesota was held on the 16th day of 1982. The following members were present: meting Mayor Srhnpjdp_r, C" cilmembers Moen, Neils & Threine4 The following members were absent: Mavnr Davenport rnwnrilmPmhAr Neils Introduced the following Resolution and moved its adoption: RESOLUTION NO. 82-427 REDUCING DEVELOPMENT BOND CHIPPEWA TRAILS 2ND ADDTION (A-498) WHEREAS, in accordance with the development contract dated March 6,1978, Lundgren Bros. Construction, Inc., developer of Chippewa Trails 2nd Addition (A-498), has agreed to install certain improvements for said development; and WHEREAS, the developer has completed a portion of the street, utilit_, and site grading as rioted 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 bonding requirements are reduced as follows: ITEM ORIGINAL AMOUNT NEW AMOUNT Street Construction (including turn lane) 45,000 -0- — Sanitary Sewer 38,800 -0- Watermain 26,500 -0- Storm Sewer 2,000 -0- Boulevard and Drainage Swale Sod 5,800 2,900 Pond or Ditch Construction -0- -0- Street Signs 450 -0- Street Sweeping and Storm Sewer Cleaning 2,000 1,000 Park and Trail Improvements 1,000 -0- Maintenance of Erosion and Sediment Control Plan 2,000 1,000 Site Grading 13,500 -0- Design, Administration, Inspection, As-Builts -0- -0- TOTAL $137,050 $4,900 That the letter of credit required be reduced from $9,600 to S4,900 to reflect the completed work. The motion 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: Acting Mayor Schneider, Councilmembers Moen,. The p offiz @nd ThrAjnPn lowing voted against or abstained* none Whereupon the Resolution was declared duly passed and adopted.