HomeMy WebLinkAboutCity Council Resolution 1983-122,y CITY OF PLYMOUTIi
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RESOLUTION NO. 83- 122
REDUCING DEVELOPMENT BOND
HARRISON HILLS ADDITION (79055)
WHEREAS, in accordance with the development contract dated June 15, 1981,
Harrison Hills, Inc., developer of Harrison Hills Addition, (79055), has agreed
to install certain improvements for said development; and
WHEREAS, the developer has completed a portion of the street, utillty and site
grading as noted below; and
M►HE kS, the developer has requested a reduction of the development bond to
refleea 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 ORIGINAL PHASE I 6 II
AMOUNT AMOUNT (NO PERMITS)
Street Construction $ 60,000
Sanitary Sewer 85,000
Watermain 70,000
Storm Sewer 25,000
Boulevard and Drainage Swale Sod 11,800
Pond or Ditch Construction -0-
Street Signs 600
Street Sweeping and Storm Sewer Cleaning 2,000
Park and Trail Improvements (Sidewalk) 6,500
Maintenance of Erosion and Sediment Control Plan 2,500
Site Grading 509000
Design, Administration, Inspection, As-Builts 37,608
TOTAL
S 26,100
$13,900
15,300
139100
14,600
13,500
10,300
4,200
8,600
3,200
-0-
-0-
450
150
1,500
500
40100
19400
1,500
-0-
8,000
49000
10,900
6,500
$351,008 $101,350 $60,450
That the letter of credit required be reduced from $178,400 to $101,350 to
reflect the completed work in Phase I and II.
M
Lots 1, 2, 3 and 4, Block 3
Lots 1, 2, 3 and 4, Block 2
Building permits can be issued on the other lots after the development bond is
provided.
The wotion for the adoption of the foregoing resolution w duly seconded by
and upon vote being taken , the
o ng Votedn favor _ Davenport,
2 Wr Councilmembers Moen, Neils,
The TollowIng voted against or absFairoods none
/I uwjpm the Oesolution was, declared duly passed and adopted.
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