HomeMy WebLinkAboutCity Council Resolution 1982-534CITY OF PLYMOUTH
10 Pursuant to :ue call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minnesota was held on the 4th day
of October , 1982 . The following members were present:Mayor
were a
Councilor m er Moen introduced the following Resolution and moved
its adoption:
RESOLUTION NO.82-534
REDUCING DEVELOPMENT BOND
BURL OAKS ADDITION (A-792)
WHEREAS, in accordance with the Development Contract, dated May 15, 1978, Lundgren
Bros. Construction, Inc., Developer of Burl Oaks 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,
NOW,THEREFORE, BE IT 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 &
Storm Sewer Cleaning
Erosion Control
Site Grading
TOTALS
ORIGINAL AMOUNT
$33,500
25,000
21,000
20,000
4,200
-0-
300
2,000
2,000
10,400
$118,400
NEW AMOUNT
-0-
-0-
-0-
-0-
-0-
-0-
-0-
0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
That
That the Letter of Credit which was previously reduced to $13,200 be further reduced
to zero (0) to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Schneider , and upon vote being taken theron, the following
voted inp favorthereof: Mayor Davenport, Councilmembers Moen, Schneider and ,
en
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.