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HomeMy WebLinkAboutCity Council Resolution 1984-239CITY OF PLYMOUTH Pursuant to due call and notice thereof, a reaulpg meeting of the City Council of the City of Plymouth, Minnesota was held on the 16th day of April , 1984. The following members were present: Mayor Qavenport, ounc ers en. Neils, Schneider and Crain The following members were sent: none ilmember Neils _ introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 239 REDUCING DEVELOPMENT BOND RIDGECREST 2ND ADDITION (A-774) WHEREAS, in accordance with the development contract dated February 5, 1982, Nick M. Loscheider Construction, Inc., developer of Ridgecrest 2nd Addition (A-774), 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: D ITEM ORIGINAL AMOUNT NEW AMOUNT Street Construction 5 -0- $ -0- Sanitary Sewer -0- -0- Watermain -0- -O- Storm Sewer -0- -0- Boulevard or Drainage Swale Sod 2,400 1,600 Pond or Ditch Construction 500 -0- Street Signs -0- -0- Street Sweeping and Storm Sewer Cleaning 1,000 me Park and Trail Improvements -0- -0- Site Grading and Drainage Improvement -0- -0- Maintenance of Erosion 8 Sediment Control Plan 1,000 500 Design, Administration, Inspection, As -Built& 588 -0- TOTAL $5,4" $2,600 That the letter of credit required be reduced from $5,488 to $2,600 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Moen , and upon vote being taken thereon, the following vot n favor t1,areofs favor Davenport, CouncilwAnYberS Moen, Neils, .Schneider and Crain The o ow ng vote Taga nst or abstained: none Whereupon the Resolution was declared dul r pass a t a*i► ssss