HomeMy WebLinkAboutCity Council Resolution 1984-490Pursuant to due call and notice thereof, a special seating oc the City
Council of the City of Plymouth, Minnesota was hold on Ne 23rd day
of Jutl , 1964. The following members were present: Acting Mayor
Scl—neidera unc members Neils and Crain
The following me era were absent: Magor Davenport and Councilmember Men
Council Neils introduced the following Resolution and moved
its adoption:
RESOLUTION N0. 84-490
REDUCING DEVELOPMENT BOND
PLYMOUTH CREEK 4TH ADDITION (79006)
WHEREAS, in accordance with the development contract dated June 14, 1984, the
Tipton Corporation, developer of Plymouth Creek 4th Addition (79006), has
agreed to install certain improvements for said development; and
WHEREAS, the developer has completed a portaan 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
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sever Cleaning
Park and Trail Improvements
Site Grading and Drainage Improvements
Maintenance of Erosion & Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
$13,926
6,800
10,850
-0-
2,800
-0-
150
-0-
1,500
2,500
1,500
4,803
$44,829
NLV AMOUNT
$13,926
-0-
-0-
-0-
2,800
-0-
150
-0-
1,500
2,500
1,500
2,703
$25,079
That the letter of credit required be reduced from $44,829 to $25,079 to
reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sever and watermain construction is
accepted as of July 23, 1984 for continual maintenance subject to the one year
guarantee by the developer.
The motion for the adoption of the foregoing Resolution vas duly seconded by
Councilmember Crain , and upon vote being taken thereon, the
following voted in favor thereof: Acting Mayor Schneider. Councilmembers Neils
and Crain
The following voted against or abstained: none
Whereupon the Resolution vas declared duly passed and adopted.
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