HomeMy WebLinkAboutCity Council Resolution 1983-635lk
Pursuant to due call and notice thereof, a regular meetino of
the City Council of the City of Plymouth, Minnesota was held on the
21st day of November 19 83. The following members were
presen�gayor Davenpor, ouncr mem rs Mo�Neils, Schneider and Threinen,
-'R4a iw17w..,.ww.... a... vara a eant• .none. _
Coucilmember Schneider introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 83- 635
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 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
that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT NEW AMOUNT
Street Construction
$191,695
$158,442
Sanitary Sewer
148,285
15,555
Watermain
92,110
9,211
Stone Sewer
49,994
4,999
Boulevard or Drainage Swale Sod
14,000
14,000
Pond or Ditch Construction
-0-
-0-
Street Signs
1,050
1,050
Street Sweeping and Storm Sewer Cleaning
2,000
2,000
Park and Trail Improvements
-0-
-0-
Maintenance of Erosion & Sediment Control Plan
3,000
1,500
Site Grading
40,000
7,000
Design, Administration, Inspection, As-Builts
65,056
10,000
TOTAL
$607,190 $223,757
That the letter of credit required be reduced from $365,662 to $223,757 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 owing vo e n avor ergo : Mavor Davenport, Councilmembers Moen, Neils,
Schneider and
Tin
The folowing voted against or abstained:
Whereupon the Resolution was declared duly passe and adopted.