HomeMy WebLinkAboutCity Council Resolution 1984-444CITY 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 2nd day
of July , 1984. The following members were present: Acting Mayor
. Schneider. Councilmembers Morm and Crain
The following members were absent: Mayor Davenport, Counci mfr -Neils
*** *** **A
Councilmember Crain introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84- 444
REDUCING DEVELOPMENT BOND
KINGSWOOD FARM ADDITION (A-759)
WHEREAS, in accordance with the development contract dated August 9, 1978,
Centurion Company, developer of Kingswood Farm Addition (A-759), 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
mr 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
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$134,900
$ -0-
125,500
-0-
105,300
-0-
54,800
-0-
16,800
-0-
-0-
-0-
1,800
-0-
1,500
-0-
2,000
-0-
41,000
-0-
58,032
-0-
$541,632 $ -0-
That the letter of credit, which was previously reduced to $13,500, be further
reduced to $0 (sero) 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: Acting Mayor Schneider, Councilmembers Moen
�in, voted against ora atained: none
Whereupon the Resolution was declared duly passed and adopted.