HomeMy WebLinkAboutCity Council Resolution 1982-505CITY 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 20th day of
DSPptember , 1982. The following members were present: Mayor Davenport,
fn��ncilmembers Moen, Neils, Schneider & ThreinerL The followin' g members were
absent: none
Cowncilmember Schneider introduced the following Resolution and moved its
adopt on:
RESOLUTION NO. 82- 505
REDUCING DEVELOPMENT BOND
HERITAGE ESTATES ADDITION (A-824)
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 bonding 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-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$134,834
$ -0-
125,510
-0-
77,841
-0-
45,510
-0-
10,200
6,000
1,000
-0-
600
-0-
1,500
1,000
1,500
500
177,990
-0-
69.178.20
200
$645,663.20 $7,700
That the letter of credit required which was previously reduced to $19,450 be
further reduced to $7,700 to reflect the completed work.
FURTHER BE IT RESOLVED that the street construction and concrete curb and gutter
are accepted as of September 20, 1982 for continual maintenance.
The motion for the adoption of the foregoing Resolution was duly seconded by
Cnuncilmember Moen , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Moen, Neils,
Is Schneider and Threinen
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.
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