HomeMy WebLinkAboutCity Council Resolution 1982-641CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minnesota was heTd7on the
6th day of December , 19 82. The following members were
present: Mayor Davenport, Councilmembers Moen. i Schneider
The following members were absent: none
Ma or Daven ort introduced the following Resolution and
moved its adoption :
RESOLUTION NO. 82- 641
REDUCING DEVELOPMENT BOND
CEDAR RIDGE PLAT TWO (A-813)
WHEREAS, in accordance with the development contract dated August 29, 1980, B -T
Land Company, developer of Cedar Ridge Plat Two, (A-813), 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
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 and Storm Sewer Cleaning
Erosion Control
Site Grading and Drainage Improvements
Park and Trail Improvements
Boulevard Trees
Design, Administration, Inspection, As-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$ 61,680
$ -0-
12,725
-0-
41,328
-0-
27,500
-0-
10,200
6,500
500
-0-
450
-0-
1,500
1,500
1,500
500
5,000
-0-
1,500
-0-
1,300
11000
19,822
11000
$185,005 $10,500
That the letter of credit required be reduced from $29,250 to $10,500 to reflect
the completed work.
FURTHER BE IT RESOLVED that the street construction and concrete curb and gutter
are accepted as of December 6, 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
Councilmember Threinen , and upon vote being taken thereon, the
To - -owing voted in favor ereo : Mayor Davenport, Councilmembers Moen, Neils,
Schneider and Threinen
The following voted against or abstained: none
Whereupon the Resolution was declared duly passe and adopted.