HomeMy WebLinkAboutCity Council Resolution 1983-668cali'and notice thereof, a r alar zeeting of the City
City of Plymouth, Minnesota was aa on the 5th day of
1983. The following mowers were present�lc-ycr Daven op rt,
.r Teils and -Schneider The follow?rq members were
rr• wss attEr
Councilmember Schneider introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 83- 668
REDUCING DEVELOPMENT BOND
WEST RIDGE ESTATES FIFTH ADDITION (A-745)
WHEREAS, in accordance with the development contract dated April 5, 1933, Laukka
Associates, developer of West Ridge Estates Fifth Addition (A-745), has agreed
to install certain Improvements for said development; and
WHEREAS, the developer has completed a portion of the street, utility afd site
grading as noted below; and
WHEREAS, the developer has requested a reduction of the development bond to
reflect the completed work;
NOW, THEREFORE, RE 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
S 32,614
$17,361
Sanitary Sewer
32,826
-0-
Watermaln
34,634
-0-
Storm Sewer
11,357
-0-
Boulevard and Drainage Swale Sod
6,750
6,000
Pond or Ditch Construction
-0-
-0-
Street Signs
300
300
Street Sweeping and Storm Sewer Cleaning
2,000
1,500
Park and Trail Improvements
-0-
-0-
Site Grading and Drainage Improvements
29,400
-0-
Maintenance of Erosion and Sediment Control Plan
2,1100
1,000
Design, Administration, Inspection, As-Bullts
18.226
3,139
TOTAL
$170,107 $290300
That the letter of credit required be reduced from 531,058 to $29,300 to reflect
the completed work.
10 The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Neils , and upon vote being taken thereon the
f5llowlng voted in favor t reot: Mayor Davenport, Councilmembers Neils and
Schneider
e Following vote against or abstained: none
Whereupon the Resolution was declared duly passed and a e .
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