HomeMy WebLinkAboutCity Council Resolution 1984-575C"? Ort PLVNOUTK
Pursuant to due call and notice thereof, a _regular mating of the City
Council of the City of Plymouth. Minnesota was held on the day
of , 1984. The following s:erbers were present: Way -or Davenport,
unc Moen, Neils, Schneider and Crain
The following mebers were absent: none
Councilmmber Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84- 575
REDUCING DEVELOPMENT BOND
CREE0100D HILLS 3RD ADDITION (A-648)
WHEREAS, in accordance with the development contract dated May 1, 1984,
Creekwood Hills Ventures, developer of Creekwood Hills 3rd Addition (A-648),
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
$ 54,221
$54,221
Sanitary Sewer
46,970
-0-
Watermain
37,983
-0-
Storm Sewer
68,412
-0-
Boulevard or Drainage Swale Sod
9,600
9,600
Pond or Ditch Construction
-0-
-0-
Street Signs
450
450
Street Sweeping and Storm Sewer Cleaning
2,000
2,000
Park and Trail Improvesients
4,800
480
Site Grading and Drainage Improvements
25,000
2,000
Maintenance of Erosion i Sediment Control Plan 2,000
2,000
Design, Administration, Inspection, As-Builts
30,172
8,490
TOTALS
$281,608
$79,241
That the letter of credit required be reduced from
$281,608 to $79,241
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 voted in 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.