HomeMy WebLinkAboutCity Council Resolution 1982-643CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a _ regular meetino of
the City Council of the City of Plymouth, Minnesota was held on the
6th day of December , 19_a. The following members were
present: MAvor DaXenport. Cogpcilmembers Mon Neils Schneider and Threinen .
The following members were absent: ngne
Mayqr Daygnpqrt introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 82-643
REDUCING DEVELOPMENT BOND
NATHAN TRAILS PLAT TWO (A-698)
WHEREAS, in accordance with the development contract dated October 5, 1981,
Meadow Corporation, developer of Nathan Trails Plat Two, (A-698), 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
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
$128,780
$19,155
47,235
-0-
55,715
-0-
22,680
-0-
10,800
10,800
-0-
-0-
600
600
3,000
3,0100
-0-
-0-
1,500
1,500
60,000
6,000
39,637
4,135
$369,947 $45,190
That the letter of credit reouired be reduced from $182,833 to $45,190 to reflect
the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer 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
following voted in favor ereo : Mayor Davenport, Councilmembers Moen,
hr in n
e following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.