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HomeMy WebLinkAboutCity Council Resolution 1983-613CITY OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota was r�eliTon the 7th day of November , 1993. The following members were present.—Fay-or Davenport, I Councl mem erS Moen, Neils, Schneider and Threineri The following members were absent: none Councilmember Moen Introduced the following Resolution and moved its adoption: RESOLUTION NO. 83- 613 REDUCING DEVELOPMENT BOND HARRISON HILLS 2ND ADDITION (79055) WHEREAS, in accordance with the development contract dated August 17, 1983, Harrison Hills Partnership, developer of Harrison Hills 2nd Addition (79055), has agreed to Install certaln improvements for said development: and WHEREAS, the developer has completed a portion of the itreet, 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 Watermaln Storm Sewer Boulevard or Drainage Swale Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Park and Trail Improvements Maintenance of Erosion & Sediment Control Plan Site Grading Design, Administratlon, Inspection, As-Ruilts TOTAL. ORIGINAL AMOUNT NEW AMOUNT 5191,695 5158,447 148,285 46,407 92,110 5,n,713 49,994 49,994 14 ,000 14,000 -n_ -0- 1,050 1,050 2,000 2,Onn -0- -0- 3,()00 3,000 40,000 in,nnn 65,056 30,056 5607,190 5365,662 That the letter of credit required he reduced from 5607,190 to 5365,662 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Threinen , and upon vote being taken thereon the 0 ow ng vote n favo" t"fieseof: Mayor Davenport, Councilmembers Moen, Neils, Schneider and Threlnen The following voted against or abstained: oune Whereupon the Resolution was declared duly passed and adopted. w■■ •wr .+ts