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HomeMy WebLinkAboutCity Council Resolution 1984-290CITY 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 7th day of Mu , 1984. The following members were present: Acting Mayor Schneider, ounc members Moen, Neils and Cram . The following members were iFit1F iFaFiF *�t Councilmember Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 84-290 REDUCING DEVELOPMENT BOND EVONNE'S LAKEVIEW ADDITION (A-819) WHEREAS, in accordance with the development contract dated May 21, 1979, Edward T. Johnston, developer of Evonne's Lakeview Addition (A-819), 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 Street Construction Sanitary Sewer Watermain Storm Sewer Boulevard Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Erosion Control Site Grading Design, Administration, Inspection, As-Builts Larch Lane Improvement TOTAL ORIGINAL AMOUNT NEW AMOUNT $66,900 $ -0- 44,500 -0- 38,300 -0- 14,800 -0- 6,200 39800 1,000 -0- 750 -0- 1,500 1,000 1,500 500 34,000 -0- 25,134 -0- 23,303 -0- $257,887 $5,300 That the letter of credit required be reduced from $15,821 to $5,300 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Crain , and upon vote being taken thereon, the following vote n favor thereof: Acting Mayor Schneider. Councilmembers Moen, Neils and Crain The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.