HomeMy WebLinkAboutCity Council Resolution 1982-555CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a rpnillpC meeting of the City
Council of the City of Plymouth, Minnesota was -held on the 18th day of
nC tnhar , 1982. The following members were present: Mayor Davenport,
C0ianCi1mamhPrS Moen. Neils and Schneider The following ■embers were
absent: Cnun-ilmember Threinen
f� tfs t�
uncilmember Neils introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 82- 555
REDUCING DEVELOPMENT BOND
WIND RIDGE AT BASS LAKE 3RD ADDITION (A-755)
WHEREAS, in accordance with the development contract dated May 18, 19P1, Wind
Ridge at Bass Lake 3rd Addition Partnership, developer of Wind Ridqe at Bass
Lake 3rd Addition, (A-755), 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 Cleaning
Park and Trail Improvements
Maintenance of Erosion and Sediment Control Plan
Site Grading
Design, Administration, Inspection, As-Builts
TOTAL
39,325
$ -0-
21,350
-0-
13,500
-0-
6,200
-0-
3,200
3,200
2,500
-0-
150
150
1,000
1,000
-0-
-0-
1,500
1,50
21,500
-0-
13.22.7
702
$12.3,452 $6,552
That the letter of credit required be reduced from $29,388 to $6,552 to reflect
the completed work.
FURTHER HE IT RESOLVED that the street construction and concrete curb and qutter
are accepted as of October 18, 1982 for continual maintenance subject to the one
year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Cqjjncj1mPm0gr, and upon vote being taken thereon, the
following voted n Iravor t rear: Mayor Davenport, Councilmembers Moen, Neils
and Schneider •
The following voted against or abstainen: none
Nhereupon the Resolution was declared duly pa .