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HomeMy WebLinkAboutCity Council Resolution 1984-337CITY 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 21St day of May , 1984. The following members were present: Mayor Davenport, Councilmemherc Moon. Neils. S hnei ar and Crain . The following members were aosenE: none Councilmember Crain introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 337 REDUCING DEVELOPMENT BOND HARRISON HILLS 2ND ADDITION (79055) WHEREAS, in accordance with the development contract dated August 17, 1983, Harrison Hills Partnership, developer of Harrison Hills 2nd Addition (79055) 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 req u meted a reduction of the development bond to reflect the completed work; 4 NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH that the bonding requirements are reduced as follows: ITEM ORIGINAL AMOUNT NEW AMOUNT Street Construction $191,695 $133,523 Sanitary Sewer 148,285 14,829 Watermain 92,110 9,211 Storm Sewer 49,994 4,999 Boulevard Sod 14,000 14,000 Pond or Ditch Construction -0- -0- Street Signs 1,050 1,050 Street Sweeping and Storm Sewer Cleaning 2,000 2,000 Park and Trail Improve'enta -0- -0- Maintenance of Erosion and Sediment Control Plan 3,000 500 Site Grading 40,000 5,000 Design, Administration, Inspection, As-Builts 65,056 6,000 TOTAL $607,190 $191,112 That the letter of credit required be reduced from $223,757 to $191,112 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 voted in favor thereof: Mayor Davenport. Councilmembers Moen_ Neils_ Schneidpr and Crain The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.