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HomeMy WebLinkAboutCity Council Resolution 1982-552CITY OF PLYMOUTH Pursuant to due call and notice thereofg a rjqpjarmeeting of the City Council of the City of Plymouth, Minnesota was had on the 18th day of Ortnher , 1982. The following members were present: Cnnn_rilmember Moen. Neils and Schneider The followIng members were - absent: Councilmember Threinen sof •ww �Rpncjlmember Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 82-552 REDUCING DEVELOPMENT BOND BURL OAKS 3RD ADDITION (A-792) WHEREAS, in acco-dance with the development contract dated March 16, 1981, Lundgren Bros. Construction, Inc., developer of Burl Oaks 3rd 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 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 Sanitary Sewer Watermain Storm Sewer Boulevard and Drainage Swale Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaninq Park and Trail Improvements (Paving) Maintenance of Erosion and Sediment Control Plan Site Grading Design, Administration, Inspection, As-Builts TOTAL S 71,600 $ 3,580 47,700 -0- 35,500 -0- 8,200 -0- 5,000 5,000 -0- -0- 300 -0- 1,500 1,500 1,600 -0- 500 500 20,400 2,040 23,076 1,520 $215,376 514,140 That the letter of credit required be reduced from $76,400 to 514,140 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by rqjjnri1q=b= Moan and upon vote being taken thereon, the following voted n favor the roof: Mayne r Davenport. Councilmembers Moen, Neils The following voted against or abstained: none Whereupon the Resolution was declared duly passed am adopted. faa w�