HomeMy WebLinkAboutCity Council Resolution 1983-63841:ki K rw #�RIV,n '
Pursuant to due call and notice thereof, a r 41ar meeting of the City
Council of the City of Plymouth, Minnesota was held on the 21St day of
November . 1983. The following memberm�were present: r Davenport,
unc meren, Neils, Schneider a Thre neP The following m�ers were
a Bente none
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Councilmember Schneider Introduced the following Resolution and moved Its
adoption:
RESOLUTION NO. 83- 638
REDUCING DEVELOPMENT BOND
SCHMIDT LAKE WOODS 4TH ADDITION (A-681)
WHEREAS, in accordance with the development contract dated February 1, 1983,
Enterprise Properties, developer of Schmidt Lake Woods 4th Addition (A-681), 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:
ITEM ORIGINAL AMOUNT NEW AMOUNT
Street Construction $ 79,673 S13,645
Sanitary Sewer 36,875 -0-
Watermain 22,786 -0-
Storm Sewer 17,840 -0-
Boulevard or Drainage Swale Sod 6,400 3,200
Pond or Ditch Construction -0- -0-
Street Signs 300 300
Street Sweeping and Storm Sewer Cleaning 1,000 1,000
Maintenance of Erosion and Sediment Control Plan 2,000 1,000
Site Grading and Drainage Improvements -0- -0-
Park and Trail Improvements -0- -0-
Design, Administration, Inspection, As-Builts 20,025 3,000
TOTAL $186,899 $22,145
That the letter of credit required which was previously reduced to $34,828 be
further reduced to $22,145 to reflect the completed work.
FURTHER, BE IT RESOLVED that the sanitary sewer, watermain and storm sewer
construction is accepted, as of November 21, 1983 for continual maintenance
subject to the one year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Threinen , and upon vote being taken thereon the
following voted. In a;or t reof:Mayor_Davenport, Councilmembers Moen, Neils,
Schneider and Threinen -
e following voted against or a sta n • non
Whereu,"n the Resolution was declared duly paslea 10 =50TVfl.