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HomeMy WebLinkAboutCity Council Resolution 1984-203CITY OF PLYMOUTH Pursuant to due call and notice thereof, a rpaular meeting of the City Council of the City of Plymouth, Minnesota was held on the 2nd day of April, 1984. The following members were present: Mayor Davenport, Councilmembers Moen, Neils, Schneider and Crain . The following members were absent: none Councilmember Schneider introduced the following Resolution an moved its adoption: RESOLUTION NO. 84-203 REDUCING DEVELOPMENT BOND HARRISON HILLS ADDITION (79055) WHEREAS, in accordance with the development contract dated dune 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 TOTAL ORIGINAL NEW STAGE 3 AMOUNT AMOUNT �(NO PERMITS) $ 60,000 $ -0- $ -0- 85,000 -0- -0- 70,000 -0- -0- 25,000 -0- -0- 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- -0- 37,608 500 500 $351,008 $10,450 $ 4,850 That the letter of credit required which was previously reduced to $11,144 be further reduced to $10,450 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 $12,118 be farther reduced to $4,850 to reflect the completed work. -Resolution No. 84-203 Page Two FURTHER BE IT RESOLVED that no building permits will be issued on the following 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 be issued on all lots in Harrison Hills Addition (Stages 1, 2 and 3) after the development bond is provided. FURTHER BE IT RESOLVED that the watermain, sanitary sewer, storm sewer, street construction and concrete curb and gutter in Phase I, Stage 3 (including Ximines Lane north of 53rd Avenue, approximately 140 feet, and 53rd Ave. No. east of the Ximines Lane cul-de-sac to the south) are accepted as of April 2, 1984 for con- tinual maintenance subject to the one year guarantee by the developer. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Neils , and upon vote being taken thereon, the following voted in favor thereof: Mayor Davenport, Councilmembers Moen, Neils,_ Schneider and Crain The following voted against or abstained: none Whereupon the Resolution was declared dul passed and adopted. *** ** ***