HomeMy WebLinkAboutCity Council Resolution 1984-581CITY 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 20th day
of August , 1984. The following members were RreaentWyor Davenport,
Com ml em ers Moen, Neils, Schneider and Crain
The following members were absent: none
Councilmember Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84- 581
REDUCING DEVELOPMENT BOND
MAPLE CREEK ADDITION (A-350)
WHEREAS, in accordance with the development contract dated March 23, 1978,
Northland Mortgage Company, developer of Maple Creek Addition (A-350), 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
$ 50,000
$ -0-
Sanitary Sewer
35,370
-0-
Watermain
23,250
-0-
Storm Sewer
22,350
-0-
Boulevard Sod
12,000
-0-
Pond or Ditch Construction
2,500
2,500
Street Signs
1,050
-0-
Street Sweeping and Storm Sewer Cleaning
1,000
-0-
Erosion Control
1,000
-0-
Site Grading
100,000
-0-
TOTAL
$249,465
$2,500
That the letter of credit which was previously reduced to $3,900 be further
reduced to $2,500 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: Mayor Davenport, Councilmembers Moen, Neils,
Schneider and Crain
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.