HomeMy WebLinkAboutCity Council Resolution 1983-546CITYAW PLYMPUTH
Nrswnt to due call and notice thereof, a re Ular
meeting of the City
Council of the City of Plymouth, Minnesota was�TT
'on the 3rd day of
October , 1983. The following members were prese—nt-t-7Mr Davenport,
Councilmefters Min, Neils, Schneider and Threine4
The following members were
a sent: none
Councilmember Neils introduced the following
Resolution and moved its
adoption:
RESOLUTION NO. 83- 546
REDUCING DEVELOPMENT BOND
NATHAN TRAILS PLAT T80 (A-698)
WHEREAS, in accordance with the development contract
dated October 5, 1981,
Meadow Corporation, developer of Nathan Trails Plat
Two, (A-698), 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, RE 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 AMDIINT
Street Construction
$128,780 53,831
Sanitary Sewer
47,235 -0-
Watermain
55,715 -0-
Storm Sewer
22,680 -0-
Boulevard or Drainage Swale Sod
10,800 2,000
Pond or Ditch Construction
-0- -0-
Street Signs
600 600
Street Sweeping and Storm Sewer Cleaning
3,000 1,000
Park and Trail Improvements
-0- -0-
Maintenance of Erosion & Sediment Control Plan
1,500 500
Site Grading
60,000 -0-
Design, Administration, Inspection, As-Builts
39,637 952
TOTAL
$369,947 58,883
That the letter of credit required be reduced from $45,190 to $8,883 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
e o ow ng vol aga nst or abstained: none
Whereupon the Resolution was declared duly Passe and adopted.
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