HomeMy WebLinkAboutCity Council Resolution 1983-307CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minnesota was held on the
6TH day of June , 1983 . The following members were
present:Ma or Davenport, Councilmembers Mon Neils. Schneider i en
The following members were absent: none
Co ncilmember Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 83- 307
REDUCING DEVELOPMENT BOND
FOX GLEN THIRD ADDITION (A-814)
WHEREAS, in accordance with the development contract dated November 24, 1982,
Zachman Homes, Inc., developer of Fox Glen Third Addition, (A-814), 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
$ 39,451
$36,975
Sanitary Sewer
35,141
3,514
Watermain
25,621
2,562
Storm Sewer
9,384
938
Boulevard Sod
5,200
5,200
Pond or Ditch Construction
-0-
-0-
Street Signs
150
150
Street Sweeping and Storm Sewer Cleaning
1,500
1,500
Maintenance of Erosion and Sediment Control Plan
3,000
3,000
Site Grading and Drainage Improvc,ents
12,500
1,250
Park and Trail Improvements
-0-
-0-
Design, Administration, Inspection, As-Builts
15,834
6,610
Total
$147,781 $61,699
That the letter of credit required be reduced from $83,670 to $61,699 to reflect
the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Moen , and upon vote being taken thereon, the
following vo e n favor ereo : Mayor Davenport, Councilmembers Meon, Neils,
Schneider and Threinen
Tfie following votea against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.