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HomeMy WebLinkAboutCity Council Resolution 1984-025CITY OF PLYMOUTH Pursuant to due call and notice thereof, a special meetina of the City Council of the City of Plymouth, Minnesota was held on the 9th day of January 1984. The followingmembers were present: Mayor Davenport, .ounce mem er6 s Toils, Schneider and Crain The followinq members were absent: Uounclimember xxx xxx xxx Councilmember Schneider introduced the followinq Resolution and moved its adoption: RESOLUTION NO. 84- 25 REDUCING DEVELOPMENT BOND BURL OAKS 3RD ADDITION (A-792) WHEREAS, in accordance with the development contract dated March 16, 1981, Lundgren Bros. Construction, Inc., developer of Burl Oaks 3rd 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 ORIGINAL AMOUNT NEW AMOUNT . Street Construction S 71,600 S -0- Sanitary Sewer 47,700 -0- Watermain 35,500 -O- Storm Sewer 8,200 -0- Boulevard and Drainage Swale Sod 5,000 1,500 Pond or Ditch Construction -0- -O- Street Signs 300 -0- Street Sweeping and Storm Sewer Cleaning 1,500 500 Park and Trail Improvements (Paving) 1,600 1,600 Maintenance of Erosion & Sediment Control Plan 500 500 Site Grading 20,400 -0- Design, Administration, Inspection, As-Builts 23,076 400 TOTAL S215,376 S4,500 That the letter of credit required be reduced from S11,920 to A4,500 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, tehnaidar and rrain „nc iuiiowing votes against or aostainea: Whereupon the Resolution was declared duly xxx xxx xxx