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HomeMy WebLinkAboutCity Council Resolution 1984-205CITY 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 .or , 1984. The following members were present:Mayor Davenport. Councl`mem ers 'Moen, Neils, Schneider and Crain The following members were a sent: none Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NU. 34-205 REDUCING DEVELOP,IENT BOND FOX GLEN THIRD ADDITION (A-814) WHEREAS, in accordance with the development contract dated November 24, 1983, Zachman Hums, Inc., developer of Fox Glen Third Addition (A-814) 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 Watermaln 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 L)ntrol Plan Design, Administration, Inspection, As-Builts TOTAL $ 39,451 $ 9,375 35,141 -0- 25,621 -0- 9,384 -0- 5,200 3,000 -0- -0- 150 -0- 1,500 1,500 -0- -0- 12,500 -0- 3,000 1,000 15,834 1,800 $147,781 $16,675 That the letter of credit required be reduced from $25,807 to $16,675 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 fallowing voted in favor thereof: Maavonpnrt.rnuncilmemhpre Moen.Npilc. The following owing vote 4Pg and . against or abstainei: nnnp Whereupon the Resolution was declared duL,, passed and adopted.