HomeMy WebLinkAboutCity Council Resolution 1984-027CITY 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
January1984. The foll witn members were resent: Mayor Davenport,
ils,
ounct mem ers Schneider anod Crain
The following members were
absent: LOUTICIImeMber
■iFM tAiF
%•1F
Councilmember Schneider introduced the followinq
Resolution and moved its
adoption:
RESOLUTION NO. 84- 27
REDUCING DEVELOPMENT BOND
FERNDALE NORTH 4TH ADDITION
(A-615)
WHEREAS, in accordance with the development contract dated July 15. 1979,
Lundgren Bros. Construction, Inc., developer of Ferndale
North 4th Addition
(A-615), 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 55,000 S -0-
Sanitary Sewer
50,100 -0-
Watermain
23,500 -0-
Storm Sewer
14,500 -0-
Boulevard Sod
5,800 1,000
Pond or Ditch Construction
2,000 -0-
Street Signs
450 -0-
Street Sweeping and Storm Sewer Cleaning
1,500 500
Erosion Control
1,500 -0-
Site Grading
6,000 -0-
Design, Administration, Inspection, As-Rullts
19,242 -0-
TOTAL
5179,592 S1,500
That the letter of credit required be reduced from $5,500 to $1,500 to reflect
the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Mayor Davenport , and upon vote being tak n thhereo tthhe
10 following voted in favor thereof: Mayor Davenport, Cgouncielmembers �leiis,
Schneider and Crain
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.