HomeMy WebLinkAboutCity Council Resolution 1983-641Wurs'04at to due cell and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota was e d on the 21st day of
iovember , 1983. The followin member were present- Tlayor Davenport,
ounc mem ers Inert, Neils, Schneidernd Threnen The follow ni-q members were
absent: none--
Councilmember Schneider introduced the following Resolution and moved its
a pt on
RESOLUTION NO. 83-641
REDUCING DEVELOPMENT BOND
WEST RIDGE ESTATES SECOND ADDITION (A-745)
WHEREAS, in accordance with the development contract dated dune 1, 1979, Laukka
Associates, developer of West Ridge Estates Second Addition (A-745), 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
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Erosion Control
Site Grading
Design, Administration, Inspection, As-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
S 63,075
$ -0-
57,300
-0-
44,550
-0-
22,060
-0-
8,400
-0-
1,500
-0-
600
-0-
1,500
-0-
1,500
-0-
38,700
-0-
28.702.20
-0-
$267,887.20 S -0-
That the letter of credit which was previously reduced to $7,600 be further
reduced to $0 (zero) to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Threinen , and upon vote beinCq talon tlbereoq� the
!!Hn0 ow ng vote n favor t ereof:Mayor Davenport, ounce mem ers IgOen, Neils,
:A...¢A T6.4 wnn
Whereupoo the Resolution was declar,