HomeMy WebLinkAboutCity Council Resolution 1982-604u
CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a rpeular meeting of the City
Council of the City of Plymouth, Minnesota was -held on the 15th day of
Nnvpmhpr , 1982. The following members were present:Mayor Davenport,
Cnuncilmembers Moen, Neils, Schneider & ThreineP The following members were
absent: none
Councilmember Moen introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 82- 604
REDUCING DEVELOPMENT BOND
CEDAR RIDGE ADDITION (A-813)
WHEREAS, in accordance with the development contract dated duly 24, 1978, R -T
Land Company, develo.)er of Cedar Ridge Addition (A-813), has agreed to install
certain improvements for :;aid development; and
WHLREAS, the developer has completed a portion of the street, utility and site
grading as noted below; and
WHLREAS, 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
$ 92,750
$ -0-
Sanitary Sewer
74,760
-0-
Watermain
67,480
-0-
Storm Sewer
32,480
-0-
Boulevard Sod
15,000
3,600
Pond or Ditch Construction
1,000
-0-
Street Signs
750
-0-
Street Sweeping and Storm Sewer Cleaning
1,000
1,000
Lrosion Control
2,000
500
Site Grading
81,000
-0-
City Project 804
57,495
-0-
Boulevard Trees
-0-
500
TOTALS
5425,715
S5,600
That the letter of credit which was previously reduced to $20,070 be
further
reduced to $5,600 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Neils , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Moen, Neils,
RGbnPidpr and Th einen
The Irollowing voted against or stained: non
•hereupon the Resolution was declared duly passed and adopted.
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