HomeMy WebLinkAboutCity Council Resolution 1983-545seting of the City
e rd day of
sen : or Davenport,
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COuncilmember Neils introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 83- 545
REDUCING DEVELOPMENT BOND
SCOVILLE BUSINESS PARK (82062)
WHEREAS, In accordance with the development contract dated January 13, 1983,
Donald C. Wildman, developer of Scoville Business Park (82062), 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
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard or Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Park and Trail Improvemt:nts
Site Grading 3 Drainage Improvements
Maintenance of Erosion A Sediment Control Plan
Design, Administration, Inspection, As-Ruilts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$ -0-
$ -0-
11,900
1,190
10,600
1,060
4,840
4,840
-0-
-0-
-0-
-0-
1,000
1,000
-0-
-0-
-0-
-0-
1,000
500
3,521 1,031
$32,861 $9,621
That the letter of credit required be reduced from $32,861 to $9,621 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
0 ow ng vote n vor t ereof:FlayOr Davenport, Gouncilmembers Moen, Neils,
Schneider and Threinen
The following voted against or abstained: none
Whereupon the Resolution was declared duly passe a a
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