HomeMy WebLinkAboutCity Council Resolution 1983-615Lily s eF M1 1
to due call and notice thereof, a
If the City of Plymouth, Minnesota
1�)Ji��'.
ular meeting of the City
is -beldon the '7th day of
iers were present- or Davenport,
hreinen The following members were
Coun€ilmember Moen introduced the following Resolution and moved its
adopt ctbd '
RESOLUTION NO. 83- 615
REDUCING DEVELOPMENT BOND
MEDICINE LAKE HIGHLANDS (81010)
WHEREAS, in accordance with the development contract dated June 30, 1981,
M.M.L. Company, developer of Medicine Lake Highlands (81010), has aoreed 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 T14E CITY CJIMi IL OF THE CITY OF
PLYMOUTH, MINNESOTA that the bonding requirements are reduced as follows:
ITEM
Street Construction
Sanitary Sewer
Watermaln
Storm Sewer
Boulevard and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Erosion Control
Site Grading
Park and Trail Improvements
Design, Administration, Inspection, As-Rullts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
S 60,000
S -0-
45,800
-0-
24,000
-0-
2,900
-0-
4,000
2,800
-D-
-0-
300
300
1,000
1,000
1,000
500
20,On0
2, DOD
-0-
-0-
19,ORO 800
5178,080 57,400
That the letter of credit required be reduced from S22,600 to 57,400 to reflect
the completed work.
FURTHER, BE IT RESOLVED that the street construction and concrete curb and
gutter are accepted, as of November 7, 1983 for continual maintenance sublect to
the one year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Countilmember Threinen , and upon vote helnp talon t ere Wri�the moils.
following vote n favor t creof: Mayor Davenport. unC rS 170e11.
Schneider and Threinen
Whereupon the Resolution was declared duly passed and a ted-.