HomeMy WebLinkAboutCity Council Resolution 1984-030CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a special meetinq of the City
Council of the City of Plymouth, Minnesota was held on the 9th day of
January , 1984. The foliowin members were present:Flayor Davenport,
ounce mem els, Schneider anU Cr%in The following members were
absent: Counclimember Moen
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Councilmember Schneider introduced the followinq Resolution and moved its
adoption:
RESOLUTION NO. 84- 30
REDUCING DEVELOPMENT BOND
WIND RIDGE AT BASS LAKE (A-755)
WHEREAS, in accordance with the development contract dated April 24, 1978,
Lundgren Bros. Construction, Inc., developer of Wind Ridqe at Rass.Lake (A-755),
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 Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaninq
Erosion Control
Site Grading
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$ 46,552
$2,500
60,100
-n-
23,450
-0-
6,755
-0-
5,000
-0-
-0-
-0-
600
-0-
2,000
500
3,000
500
10,440
-0-
$'57,892
53,500
That the letter of credit which was previously reduced to 59,100 be further
reduced to $3,500 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 Crain
e following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.
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