HomeMy WebLinkAboutCity Council Resolution 1982-510CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a Meeting of the City
Council of the City of Plymouth, Minnesota was held on the 20th day of
10 roptpmhpr , 1982. The following members were present: Mayor Ma�Daven ort,
rnuncilmembers Moen, Neils, Schneider & ThreineR The followingmembers were
absent: none
_Councilmember Schneider introduced the following Resolution and moved Its
adoption:
RESOLUTION NO. 82-510
REDUCING DEVELOPMENT BOND
WESTMINISTLR ADDITION (A-717)
WHLRLAS, in accordance with the development contract dated June 13, 1977, B -T
Land Company, developer of Westminister Addition (A-717), has agreed to install
certain improvements for said development; and
WHLRLAS, the developer has completed a portion of the street, utility and site
grading as noted below; and
WHLRLAS, 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
$ 699878
$-0-
Sanitary Sewer
64,356
-0-
Watermain
46,428
-0-
Storm Sewer
7,556
-0-
Boulevard Sod
119000
400
Pond or Ditch Construction
2,000
-0-
Street Signs
750
-0-
Street Sweeping and Storm Sewer Cleanlnq
1,000
200
Erosion Control
1,000
100
Site Grading
28,000
-0-
TOTAL
$231,968
$700
That the letter of credit required which was previously reduced to $10,000 be
further reduced to $700 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: _Mayor Davenport, Councilmembers Moen, Neils,
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.