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HomeMy WebLinkAboutCity Council Resolution 1983-667CITY br`*L IDU71{ : to due call and notice thereof, a regolar meeting of the City of the City of Plymouth, Minnesota iras he13 on the 5th day of r 1983. The following members were present: _a or Davenport, m m eils and Schneider The fcllowTn-q einem reswere GOUnci Fme er5 den and 1hreinen «rii^ Gouncilmert�er Schneider introduced the following Resolution and moved its a opt on: RESOLUTION NO. 83- 667 REDUCING DEVELOPMENT BOND WEST RIDGE ESTATES FOURTH ADDITION (A-745) WHEREAS, 1n accordance with the development contract dated March 1, 1982, Laukka and Associates, Inc., developer of West Ridge Estates Fourth Addition (A-745), has agreed to Install certain improvements for said development; and WHEREAS, the deveioper 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 CMJNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the bonding requirements are reduced as follows: PRIVATE PRIVATE ITEM ORIGINAL AMOUNT NEW AMOUNT Street Construction S -0- S -0- Sanitary Sewer -0- -0- Watermain -0- -0- Storm Sewer -0- -0- Boulevard and Drainage Swale Sod 4,200 1,200 Pond or Ditch Construction -0- -0- Street Signs 300 300 Street Sweeping and Storm Sewer Cleaning 1,500 500 Maintenance of Erosion and Sediment Control Plan 1,000 400 Site Grading and Drainage Improvements 21,840 -0- Design, Administration, Inspection, As-Builts 3,461 100 TOTAL $32,301 S2,500 That the letter of credit required be reduced from $32,301 to S2,500 to reflect the completed work. and chnel er e TOLLMIng:vo Whereupon the Resolutionwasdeclared duly' ar• rrr The motion for the adoption of the foregoing Resolution was duly seconded by CnmAil erheils , and upon vote being taken thereon, the. io allowing vote S d n a'avor tfiii-feof: Mayor Davenport, Councilmembers Neils and chnel er e TOLLMIng:vo Whereupon the Resolutionwasdeclared duly' ar• rrr