HomeMy WebLinkAboutCity Council Resolution 1983-195CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a ial meeting of the City
Council of the City of Plymouth, Minnesota was held on the 11th day of
aril , 1983. The following members were present: �� Davenport,,
and Threinen The following members were
absent: rnunrilmpmhpr Schneider
CminrilmAmbPr Moen Introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 83-195
REDUCING DEVELOPMENT BOND
DEERHAVEN SECOND ADDITION (81011)
WHEREAS, in accordance with the development contract dated January 25, 1982,
Lowry Hills Construction Co., developer of Deerhaven Second Addlt1,n, (81011),
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, MINNESOTA that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT NEW AMOUNT
Street Construction (Public)
40 Street Construction (Private)
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 & Drainage Improvements
Design, Administration, Inspection, As-Builts
TOTAL
$ 53,000 S 47,000
25,600
21,600
80,440
-0-
54,700
-0-
21,400
-0-
8,800
7,980
-0-
-0-
300
300
2,000
1,100
11,000
5,000
5,000
2,000
45,000
4,500
36,869
10,738
$344,109 $100,218
That the letter of credit required be reduced from $334,109 to $100,218 to
reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are
accepted, as of April 11, 1983 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
fNeils , and upon vote being taken thereon, the
.7—ollowing voted n favor thereof: Mayor Davenport, Councilmembers Moen, Neils
@J glan
e of ow ng voted against or abstained: none
Whereupon the Resolution was declared duly p355 3M 308PtEd.