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HomeMy WebLinkAboutCity Council Resolution 1983-485Pursuant to due call and notice thereofa , meeting of the City Council of the City of Plymouth, Minnesota was held on -the __ 12th day of SAD���,��, 1983. The following members were presen :1 a�` or DOLvenport, ,QLiinrni1mpinhP1r, ,wnen_ Schneider & TMre?nen• The fonowTnq members were absent: tlnu ni 1 member, Ngils Courncilmember Schneider (introduced the following Resolution and moved its aa`opt ion: RESOLUTION NO. 83- 485 REDUCING DEVELOPMENT BOND HARRISON HILLS ADDITION (79055) WHEREAS, in accordance with the development contract dated dune 15, 1983, 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, utility and silo grading as noted blow; dnd 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 letter of credit required which was previously reduced to 9101,350, he further reduced to $50,250 to reflect the completed work in Phase I - Stages 1 and 2. ORIGINAL NEW STAGE 3 ITEM AMOUNT AMOUNT (NO PERMITS) Street Construction $ 60,000 S26,100 S13,900 Sanitary Sewer 85,000 -0- 13,100 Watermain 70,000 -0- 13,500 Storm Sewer 25,000 -0- 4,200 Boulevard and Drainage Swale Sod 11,800 8,600 3,200 Pond or Ditch Construction -0- -0- Street Signs 600 450 150 Street Sweeping and Storm Sewer Cleaning 2,000 1,500 500 Park and Trail Improvements (Sidewalk) 6,500 4,100 11,400 Maintenance of Erosion and Sediment Control Plan 2,500 1,500 -0- Site Grading 50,000 -0- 4,000 Design, Administration, Inspection, As-Builts 379608 8,000 6,500 TOTAL $351,008 S50,250 S60,450 That the letter of credit required which was previously reduced to 9101,350, he further reduced to $50,250 to reflect the completed work in Phase I - Stages 1 and 2. FURTHER BE IT RESOLVED that no building permits will be issued on't1re following lots until the required development bond is provided: Lots 11 2, 3 and 4, Block 18 Lots 1, 2, 3 and 4, Block 4 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. FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer in Phase I, Stage 2 (including Ximines Lane south of 53rd Avenue) are accepted as of September 12, 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 Councilmemher Koen , and upon vote being taken thereon the following voted in favor thereof: Mayor Devenport. Councilrre�lers t,oen, _ Schneider. and Threinen_ The following voted against or absta�ed: none Whereupon the Resolution was declared duly passed and ad5pted.