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HomeMy WebLinkAboutCity Council Resolution 1984-572CITY OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota was heldon the 20t day of August , 1984. The following members were present: ayor Davenport, ounce mem ers en, Neils. Schneider and Crain . The following members were absent: none 44,820 1,000 -0- -0- Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 572 REDUCING DEVELOPMENT BOND BASS LAKE HEIGHTS ADDITION (83008) WHEREAS, in accordance with the development contract dated February 23, 1984, BLH Development Company, developer of Bass Lake Heights Addition, 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 ORIGINAL AMOUNT NEW AMOUNT Street Construction Sanitary Sewer Watermain Storm Sewer Boulevard Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Maintenance of Erosion and Sediment Control Plan Site Grading and -Drainage Improvements Park and Trail Improvements Design, Administration, Inspection, As-Builts TOTAL $ 67,070 $13,536 58,128 -0- 45,395 -0- 57,343 -0- 9,400 9,400 -0- -0- 450 450 2,000 2,000 2,000 2,000 44,820 1,000 -0- -0- 34,393 3,286 $320,999 $31,672 That the letter of credit required be reduced from $320,999 to $31,672 to reflect the completed work. FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer construction is accepted as of August 20, 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 Moen , and upon vote being taken thereon, the following vote n favor thereof: Mayor Davenport, Councilmembers Moen, Neils, Schneider and Crain The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.