HomeMy WebLinkAboutCity Council Resolution 1984-024CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a special meeting of the City
Council of the City of Plymouth, Minnesota was held on the 9th day of
January , 1984. The following members were presenic Pryor Davenport,
Councumembers Neils, Schneider and Crain The followine members were
absent: LOunciimember moen
Councilmember Schneider introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 84- 24
REDUCING DEVELOPMENT BOND
BURL OAKS 2ND ADDITION (A-792)
WHEREAS, in accordance with the development contract dated dune 22, 1979,
Lundgren Bros. Construction, Inc., developer of Burl Oaks 2nd Addition (A-792),
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 and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Park and Trail Improvements
Maintenance of Erosion & Sediment Control Plan
Site Grading
Design, Administration, Inspection, As-Bullts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$ 69,900
S-0-
52,390
-0-
40,905
-0-
30,145
-0-
5,800
-0-
-0-
-0-
450
-0-
1,500
-0-
-0-
-0-
1,000
-0-
22,000
-0-
26,890
-0-
5250,980 $-0-
That the letter of credit which was previously reduced to 51,800 be further
reduced to $0 (zero) to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Mayor Davenport , and upon vote being taken thereon, the
following voted In favor thereof: Mayor Davenport, Councilmembers Neils,
Schneider and Grafin
the following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.
I, iii AiF• 41FY