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HomeMy WebLinkAboutCity Council Resolution 1982-668CITY OF PLYMOUTH Pursuant to due call and notice thereof, a molar meeting of the City Council of the City of Plymouth, Minnesota was -held on the 20th day of npcembpr , 1982. The following members were present: Mayor Davenport, Schneider & Threinen The following members were a b "Mnl : nnnp Introduced the following Resolution and moved its adoption: RESOLUTION NO. 82-668 REDUCI!;G DEVELOPMENT BOND OAKDALE WEST ADDITION (79079) WHEREAS, in accordance with the development contract dated March 3, 1981, Don D. Myron and Norman Darnes, developer of Oakdale West Addition, (79079), have 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: That the required cash escrow or surety bond be reduced to $40,113 to reflect the completed work for the public improotments and $19,835 to reflect the completed work for Project 104. 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, Schneider and Threinen The following voted against orabstained: none Whereupon the Resolution was declared dupas aadopted. w� f tom* nRIGINAL ORIGINAL NEW NEW AMOUNT AMOUNT AMOUNT AMOUNT ITEM PUBLIC PR00. 104 PUBLIC PR07. 104 Street Construction 5111,900 517,020 511,190 517,020 Sanitary Sewer 53,343 -0- 5,334 -0- Watermain 79,829 -0- 7,983 -n- Storm Sewer 26,046 2,815 2,605 2,815 Boulevard Sod & Drainage Swale Sod 7,400 -0- 4,000 -0- Pond or Ditch Construction 3,000 -0- -0- -0- Street Signs 750 -0- 750 -n- Street Sweeping and Storm Sewer Cleaning 3,000 -0- 1,500 -0- Park and Trail Impr,vemenLs " Sidewalk) 17,510 -0- 1,751 -0- Site Grading & Drainage Improvements 30,000 -0- 3,000 -0- Maintenance of Erosion and Sediment Control Plan 2,000 -0- 1,000 -0- Design, Admn., Insp., As-Builts 40,173 -0- 1 100 -0- TOTAL $374,951 $19,835 540,113 S19,835 That the required cash escrow or surety bond be reduced to $40,113 to reflect the completed work for the public improotments and $19,835 to reflect the completed work for Project 104. 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, Schneider and Threinen The following voted against orabstained: none Whereupon the Resolution was declared dupas aadopted. w� f tom*