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HomeMy WebLinkAboutCity Council Resolution 1984-580illlt a III -no Pursuaat to des call and notice thereef, a rewlar siestiw of tho City Conseil of the City of Piymseth, Minnesota vas 0 l�ii i0ih do of &Mt, 1984. TM fol lowing mseasrs were present t r �rwna0rt, Cw.mcilleamrs men, Neils, Schneider and Crain , The following rs Mare abseatt ime +taxa Councilowber Schneider introduced the following Resolution and moved is adoption: M-0- -100 00. 84- S00 RUOUNG DRULDlNUT am ZACRART MILLS 41e AMITION (79045) WHEREAS, in accordance with the development contract dated April 20, 1984 and revised July 1, 1964, Marvin R. Anderson Construction Co., developer of Zachary Rills 4th Addition (79045). has agreed to install certain improvements for said development; and WHEREAS, the developer has completed a portion of the street. utility and :ite grading as noted below; and WHEREAS, the developer has requested a reduction of the development bond to reflect the completed work; NOW, THEREFORE, R IT MEREST RESOLV9D ST TUR CITY COUNCIL OF TEE CM OF PLYMOUTH that the bonding requirements are reduced as follow: PRIVATE PRITATR ORIGINAL AMOUNT MW AMOUNT Street Construction $ -O- $ -0- Sanitary Sever -0- -0- Watermain -0- -0- Storm Sever -0- -0- Soulevard and Drainage Swale Sod 5,200 5.200 Pond or Ditch Construction -0- -0- Street Signs 300 300 Street Sweeping and Storm Sewer Cleaning 2,000 2,000 Park and Trail Improvemeate 2.000 2.000 Maintenance of Erosion i Sediment Control Plan 2,000 2,000 Site Grading and Drainage Improvements 52.800 -0- Design, Administration. Inspection. As-Suilts 7.776 1,380 $72,016 $12,880 That the letter of credit required for private improvements be reduced from $72,016 to $12,880 to reflect the completed work. FURTHER SE IT RESOLVED that the letter of credit required for public improve- ments (Project 412) remains at $162.880 per the revised development contract. The notion 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: Manor Davenport, CouncilomberS Mpen. Neils, Schneider and Crain The following voted against or abstained: none Whereupon the Resolution vas declared duly passed and a opted. amt aait �