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HomeMy WebLinkAboutCity Council Resolution 1984-240CITY 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 16th day of April , 1984. The following members were present:Mayor Davenport, CouncilmembersFE—en, Neils. Sr~neider and Crain The following members were sent: none Councilmember Neils introduced the following Resolution and moved its ad -option: RESOLUTION NO. 84- 240 REDUCING DEVELOPMENT BOND OAKD ALE WEST ADDITION (79079) WHEREAS, in accordance with the development contract dated March 3, 1981, Don D. Myron and Norman Oarnes, developer of Oakdale West Addition (79079), 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 Stora Sewer Boulevard and Drainage Swale Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Park and Trail Improvements (Sidewalk) Site Grading and Drainage Improvements Maintenance of Erosion and Sediment Control clan Design, Administration, Inspection, As-Builts ORIGINAL ORIGINAL NEW NEW AMOUNT AMOUNT AMOUNT AMOUNT PUBLIC PRIVATE PUBLIC PRIVATE $111,900 $17,020 $ -0- $-0- 53,343 -0- -0- -0- 79,829 -0- -0- -0- 26,046 2,815 -0- -0- 7,400 -0- 2,000 -0- 3,000 -0- -0- -0- 750 -0- -0- -0- 3,000 -0- 500 -0- 17,510 -0- 1,000 -0- 30,000 -0- -0- -0- 2,000 -0- 500 -0- 40,173 -0- -0- -0- TOTAL $374,951 $19,835 $4,000 $-0- Resolution No. 84- 240 Page Two That the required cash escrow or surety bond be reduced to $4,000 to reflect the completed work for the public improvements. The amount for private improvements was previously reduced to $0 to reflect the assessment payments for Project 104. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Moen , and upon vote being taken thereon, the following vote n favor thereof :Mayp. Davenport. Councilmembers Moen, Neils, Schneider and Crain The following voted against or abstained: Nkoreupon the Resolution wa: declared duly passed and adopted. *�*