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HomeMy WebLinkAboutCity Council Resolution 1983-612Pursuant to due call and notice thereof, a regular meeting of the City Council of the Cit of PI th Minnesota was— Feid�on the h da of NovemberY 1983. fi rroliowln member were present: or LJOVenoort, U n, Neils, chneider end Thre nen The following members were absents •Ai Alli! Councilmember Moen Introduced the following Resolution and moved its L on: RESOLUTION MO. 83- 612 REDUCING DEVELOPMENT BOND HARRISON HILLS ADDITION (79055) WHEREAS, In accordance with the development contract dated June 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 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: ORIGINAL NEW STAGE 3 ITEM AMOUNT ANOINT (NO PERMITS) Street Construction S 60,000 5 2,610 5 1,390 Sanitary Sewer 85,000 -0- 1,310 Watermaln 70,000 -0- 1,350 Storm Sewer 25,000 -0- 420 Boulevard and Drainage Swale Sod 11,800 8,600 3,200 Pond or Ditch Construction -0- -0- -n- Street Signs 600 450 150 Street Sweeping and Storm Sewer Cleaning 2,000 1,000 500 Park and Trail Improvements (Sidewalk) 6,500 4,100 1,400 Maintenance of Erosion and Sediment Control Plan 2,500 1,500 Site Grading 50,000 -0- 4,000 Design, Administration, Inspection, As-Builts 37,608 1,991 1,617 TOTAL $351,008 520,251 $15,337 That the letter of credit required which was previously reduced to 550,250 be further reduced to $20,251 to reflect the completed work in Phase I - Stages 1 and 2. y is ?' t •e , - '. P -_ lesoiutipn No. 83- 612 =F"ag+t Tom' f FURTHER BE IT RESOLVED that no building permits will be issued on the followini tots until the required development bond Is provided. Lots 1, 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 develoment hond is provided. The motion for the adoption of the foregoing Resolution was duly seconded by Council member zh M-�Uen ,.and upon vote being taken thereon, the following voted in ravor t ereor: jMMr Davenport. Councilmembers MDen, Neils, IdneWr and Thretnen Ine roLlowing voted against orabstained: n > ,Whereupon the Resolution was declared duly passed and 33optea. �FA X411 Mf