HomeMy WebLinkAboutCity Council Resolution 1983-640WHEREAS, in accordance with the development contract dated April 14, 1983, B -T
Land Company, develuper of West Medicine Lake Terrace 2nd Addition (80008), 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 $36,202 536,202
Sanitary Sewer 19,923 -0-
Watermain 21,310 -0-
Storm Sewer -0- -0-
Boulevard or Drainage Swale Sod 3,600 3,600
Pond or Ditch Construction -0- -0-
Street Signs 150 150
Street Sweeping and Storm Sewer Cleaning 800 800
Maintenance of Erosion and Sediment Control Plan 1,000 1,000
Site Grading -0- -0-
Park and Trail Improvemients -0- -0-
Design, Administration, Inspection, As-Builts 9,956 5,010
TOTAL $92,943 $46,762
That the letter of credit required be reduced from S92,943 to $460762 to reflect
the completed work.
FURTHER, BE IT RESOLVED that the sanitary sewer and watermain 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
COu r Threinen , and upon vote beimg taken they the
a ow ng v to n avor t ereor Mayor Davenport, Councilmembers oen, Neils,
Schneider and Threinen