HomeMy WebLinkAboutCity Council Resolution 1982-533CITY OF PI,YMDIn
Pursuant to due call and notice thereof, a..� meeting of the City
Council of the City of Plymouth, Minnesota,was field on the 4th day of
nrtnhpr , 19_g2,. The following members were present: Mayor Davenport,
Cgt,pCj1M=hPrs Moen- Schneider and Threinen
The following members were sent: Councilmember Neils
�•s •w,� re*�
introduced the following Resolution and moved
its tion:
RESOLUTION NO. 82-533
REDUCING DEVELOPMENT BOND
BURL OAKS 2ND ADDITION(A-792)
WHEREAS, in accordance with the development contract dated June 22, 1979, Lundgren
Bros. Construction, Inc., developer of Burl Oaks 2nd Addition (A-792),
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;
NOV), 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
$ 69,900
-0-
Sanitary Sewer
52,390
-0-
Watermain
40,905
-0-
Storm Sewer
30,145
-0-
Boulevard and Drainage Swale Sod
5,800
1,200
Pond or Ditch Construction
-0-
-0-
Street Signs
450
-0-
Street Sweeping and
Storm Sewer Cleaning
1,500
500
Park and Trail Improvements
-0-
-0-
Maintenance of Erosion and Sedi-
ment Control Plan
11000
-0-
Site Grading
22,000
-0-
Design, Admn., As-Builts
26,890
100
TOTALS
$250,980
$1,800
That the letter of credit which was previously reduced to $6,100 be further
reduced to $1,800 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
^Coungilmember Schneider ,and upon vote being taken theron, the following
voted in favor thercf: Mayor Davenport, Councilmembers Moen, Schneider and
ThCainpn
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.