HomeMy WebLinkAboutCity Council Resolution 1983-688CITY'OF PLYMOUTH
to due call and notice thereof, a regular meeting of the City
of the City of Plymouth, Minnesota was�heeld"on the 19th day of
r, 1983. The following members were presente Rayor Davenport,
rs .,en,.Neils, Schneider and ThrelneQ The follow ng_members<were
nn
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Councilmember Threinen introduced the following Resolution and moved its
a opt on:
RESOLUTION NO. 83- 688
REDUCING DEVELOPMENT POND
LOTS 5 AND 6 SAGAMORE (81004)
WHEREAS, In accordance with the development contract dated August 21, 1981,
Quality Homes, Inc., developer of Lots 5 and 6 Sagamore (81004), has agreed to
Install certain Improvements for said development; and
WHEREAS, the developer has completed a portion of the street, utility and site
Improvements; and
WHEREAS, the developer has requested a reduction of the development bond to
reflect the completed work;
HOW, 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 (acceleration/deceleration
lane on County Road 9) $8,300 S -0-
Design, Administration, Inspection, As-Builts 996 __0 -
TOTAL $9,296 5 -0-
That the letter of credit required be reduced from $9,296 to $0 (zero) to
reflect the completed work.
FURTHER BE IT RESOLVED that the street construction (acceleration/deceleration
lane on County Road 9) is accepted as of December 19, 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 Moen ,and upon vote being taken thereofthe
following vote n favor thereof: Mayor Davenport, Councilmembers oen, Neils,
Schneider and Threinen
-:ne Toiowing votea against or aostatnea: fluli_
Whereupon the Resolution was declared duly passed ana adopted.