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HomeMy WebLinkAboutCity Council Resolution 1984-204CLTr OF PLYMOUTH Pursuant to due call and notice thereof, a regular 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, Councilmember-s---en, Neils, Schneider and Crain . The following members were absent: none Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 204 REDUCING DEVELOPMENT BOND WEST RIDGE ESTATES SIXTH ADDITION (A-745) WHEREAS, in accordance with the development contract dated April 5, 1983, Laukka and Associates, Inc., developer of West Ridge Estates Sixth Addition (A-745), 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 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 Site Grading and Drainage Improvements Maintenance of Erosion and Sediment Control Plan Design, Administration, Inspection, As-Builts TOTAL $ 45,140 $14,690 27,577 -0- 33,077 -0- 6,071 -0- 5,200 5,200 -0- -0- 150 150 2,000 2,000 -0- -0- 56,000 -0- 1,500 1,500 21,206 2,825 $197,921 $26,365 That the letter of credit required be reduced from $197,921 to $26,365 to reflect the completed work. FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are accepted, as of April 2, 1984 for continual 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 rollowing voted against or abstained: none d I�t��,reupon the Resolution was declared passed and adopted. ***