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HomeMy WebLinkAboutCity Council Resolution 1983-1214617 cni W notice fherrea, i1 r e►f the city i1?' the city of Plye�th, Minns` theih of . , .,,.,�� 1953 The f.vl T ' lai►►p . ""ert pimsee t; - ren; ften Neil Schneider & nen. The fo 'wom none sfs �€iT•"' sfs polgMeroen introduced the following Resolution and coved its aftAnt RESOLUTION NO. 83- 121 REDUCING DEVELOPMENT BOND OAKWOOD SHORES ADDITION (79034) WHEREAS, in accordance with the development contract dated January 26, 1981, Dorothy and Jules Krekelberg and Bernard and Marion Barr of Oakwood Shores Addition, (79034), 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: 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 Cleaninq Park and Trail Improvements Maintenance of Erosion and Sediment Control Plan Site Grading Design, Administration, Inspection, As -guilts TOTAL $11,400 $ 89000 6,670 1,334 7,100 1,420 2,430 486 2,200 2,000 -0- -0- 300 300 1,000 1,000 -0- -0- 1,000 1,000 3,000 600 4,212 21000 $39,312 518,140 That the letter of credit required be reduced from $39,312 to $18,140 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by CaMpSilMoftt Threinen 0 and upon vote being talken thereow tthhee o ng v n aver f s Mayor Davenport, Counci lme�nber� Flown, Neils, schnsidar and Threinen__ Ii1e r"Lowft votes awnst or abstallfOdi none where * the Resolution was declared -duly • � ssf sof