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HomeMy WebLinkAboutCity Council Resolution 1984-397r CITY 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 18th day of JUM , 1984. The following members were present: Mayor Davenport, Councilmembers Moen, Neils, Schneider and Crain The following members were absent: none Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION N0. 84 397 REDUCING DEVELOPMENT BOND CREERSIDE OF PLYMOUTH 2ND ADDITION (79018) WHEREAS, in accordance with the development contract dated July 14, 1983, Dean R. Johnson Construction, Inc., developer of Creekside of Plymouth 2nd Addition (79018), 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 that the bonding requirements are reduced as follows: ITEM ORIGINAL AMOUNT NEW AMOUNT Street Construction $ 71,200 $ 51,200 Sanitary Sewer 80,500 -0- Watermain 77,400 -0- Storm Sewer 36,100 1,500 Boulevard and Drainage Swale Sod 9,400 9,400 Pond or Ditch Construction 5,175 1,500 Street Signs 450 450 Street Sweeping and Storm Sewer Cleaning 2,500 2,500 Maintenance of Erosion b Sediment Control Plan 2,000 2,000 Site Grading 23,400 23,400 Park and Trail Improvements -0- -0- Design, Administration, Inspection, As-Builts 36,975 9,000 TOTAL $345,100 $100,950 That the letter of credit required be reduced from $108,950 to $100,950 to reflect the completed work. FURTHER BE IT RESOLVED that the sanitary sewer construction is accepted as of June 18, 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 following voted in favor thereof: Mayor Davenport, Councilmembers Moen, Neils, Schneider and Crain The following voted against or absta:ned: none Whereupon the Resolution was declared duly passed and adopted. �� �kak k �itikdr