HomeMy WebLinkAboutCity Council Resolution 1982-554CITY OF PLYMOUTH
�ursupt po due call and notice therof,e a regular meeting of the City
ounc o the City of Plymouth, Minnesota was held on the Isth day of
October , 1982. The following members were present: Mayor Davenport,
rnuncilmemberTMoen,Neils and Schneider The following members were
absent: Councilmember Threinen
�CoWncilmember Neils introduced the following Resolution and moved its
adopt
RESOLUTION NO. 82- 554
REDUCING DEVELOPMENT BOND
PLYMOUTH CREEK ADDITION (79006)
WHEREAS, in accordance with the development
contract dated December 3,
1981,
Tipton Development and Construction, Inc., developer of
Plymouth Creek
Addition
(79006), has agreed to install certain improvements for
said development;
and
WHEREAS, the developer has completed a portion
of the street, utility
and site
grading ar 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:
ORIGINAL
ORIGINAL
NEW
NEW
AMOUNT
AMOUNT
AMOUNT
AMOUNT
ITEM PUBLIC
PRIVATE
PUBLIC
PRTVATF
Street Construction S 19,548
$17,600
$ 6,000
$ 6,000
Sanitary Sewer 27,638
-0-
2,764
-0-
Watermain 26,825
-0-
2,683
-0-
Storm Sewer 12,461
4,347
1,246
435
Boulevard and Drainage Swale Sod -0-
5,800
-0-
2,900
Street Signs 300
-0-
300
-0-
Street Sweeping and Storm Sewer
Cleaning 2,000
1,000
2,000
1,000
Park and Trail Lmprovements 7,534
-0-
-0-
-0-
Site Grading and Drainage
Improvements -0-
33,210
-0-
-0-
Maintenance of Erosion and Sediment
Control Plan 1,500
-0-
1,500
-0-
Design, Administration, Inspection,
As-Builts 11,737
7,435
1,979
1,240
TOTAL $109,543
$69,392
$18,472
$11,575
That the required cash escrow or surety bond be reduced to $18,472 to reflect
the completed work for the public improvements and $11,575 to reflect the
completed work for the private improvements.
The motion for the adoption of the foregoing Resolution was duly seconded by
rn„nrilmember Moen , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Moen, Neils
znA 'Zrhnaidar •
The following vote
Whereupon the Reso
at or abstained: none
was declared duly passed and iWed.
w� t�