Loading...
HomeMy WebLinkAboutCity Council Resolution 1984-083CITY OF PLYMOUTH Pursuant to due call and notice thereof, a reeular meeting of the City Council of the City of Plymouth, Minnesota was held on the 6th day of February , 1984. The following members were present: Mayor Davenport, Councilmembers Moen, Neils and Schneider The following members were absent: Councilmember Crain A��Tmember Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 83 REDUCING DEVELOPMENT BOND HARRISON HILLS ADDITION (79055) WHEREAS, in accordance with the development contract dated June 15, 1983, Harrison Hills, Inc., developer of Harrison Hills Addition (79055), have 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 (Sidewalk) Maintenance of Erosion and Sediment Control Plan Site Grading Design, Administration, Inspection, As-Builts 70TAL ORIGINAL NEW STAGE 3 AMOUNT AMOUNT (NO PERMITS) S 60,000 S -0- S 1,190 85,000 -0- 1,310 70,000 -0- 1,350 25,000 -0- 420 11,800 7,650 3,200 -0- -0- -0- 600 300 150 2,000 1,000 500 6,500 -0- 500 2,500 1,000 -0- 50,000 -0- 2,000 37,608 1,194 1,298 S351,008 511,144 512,118 That the letter of credit required which was previously reduced to 517,528 he further reduced to $11,144 to reflect the completed work in Phase I - Stages 1 and 2. Additionally, the letter of credit required In Phase I - Stage 3 which was previously reduced to $15,537 be further reduced to S12,118 to reflect the completed work. Resolution No. 84- 83 Page Two FURTHER BE IT RESOLVED that no building permits will be issued on the followinq lots until the required development bond is provided: Lots 1, 2, 3 and 4, Block 18 Lots 1, 2, 3 and 4, Block 4 Lots 1, 2, 3 and 4, Block 3 Lots 1, 2, 3 and 4, Block 2 Building permits can he issued on the other lots after the development bond is provided. 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: Mayor Davenport, Councilmembers Moen, Neils, and Schneider ine Totiowing voted against or abstained: Whereupon the Resolution was declared duly passed an adopted.