HomeMy WebLinkAboutCity Council Resolution 1983-693CITE' OF PLYMOl1TW
it to due call and notice thereof, a regular meeting of the City
L of the City of Plymouth, Minnesota was hem —on 19th day of
*r , 1983. The following members were present: Mayor Davenport,
iTen, Neils, Schneider and Threinep The following members were
none
Councilmember Threinen introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 83-693
REDUCING DEVELOPMENT BOND
DEERWOOD MEADOWS PLAT TWO (A-784)
WHEREAS, in accordance with the development contract dated dune 19, 1979,
Parklands Development, developer of Deerwood Meadows Plat Two (A-784), 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 Uitch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Erosion Control
Site Grading
Park Improvements (Trail)
Design, Administration, Inspection, As-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
S 76,950
$-0-
52,975
-0-
46,891
-0-
44,085
-0-
11,000
-0-
-0-
-0-
600
-0-
1,500
-0-
2,000
-0-
55,000
-0-
5,600
-0-
35,592
-0-
9332,193
$_O_
That the letter of credit required be reduced from $21,000 to SO (zero) to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Moen , and upon vote being taken thereon, the
following voted in favor thereof: Ivor Davenport, Councilmembers Moen. Neils.
Schneior and Thre'
he fallowing voted
Whereupon the Resol
ss or aoscaineo: none
wasdeclaredduly passed ana adopted.