HomeMy WebLinkAboutCity Council Resolution 1984-668'ITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regu meeting of the City
Council of the City of Plymouth, Minnesota was held 17th day
of Septe -:bar 1984. The following members were present: Mayor
Davenport. Ca nc4 fie bens sen_ Neilfl_ Schneider a d .ra<it�
The following members were absent: none
Councilmember Schneider intreducEc; the following Resolution and moved
its adoption:
dISOLUTION No. 84- 668
REDUCING DEVELOPMENT BOND
ROLLING HILLS PARK (83059)
WHEREAS, in accordance with the development contract dated July 19, 1984,
revised August 21, 1984, Enterprise Properties, developer of Rolling Hills Park
(83059). 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 blow; cnd
WHEREAS, the developer has requested a reduction of the development bond to
reflect the completed work;
NOW. THEREFORE, BE IT HEREBY RESOLVED BY THA CITY COUNCIL OF THE CITY OF
PLYMOUTH that the bonding requirements are reduced as follows:
I':'EM
ORIGINAL AMOUNT NEW AMOUNT
Street Construction
$124,910
$ 97,676
Sanitary Sewer
73,020
7,302
Watermain
67,225
6,723
Storm Sewe
22,405
2,240
Boulevard and Drainage Swale Sod
10,000
10,000
Pond or Dit-h Construction
-0-
-0-
Street Signs
600
600
Street Sweeping and Storm Sewer Cleaning
2,000
2,000
Park and Trail Improvements
1,620
1,620
Site Grading and Drainage Improvemeats
52,000
25,000
Maintenance of Erosion i Sediment Control Plan
2,000
2,000
Design, Administration, Inspection, As-Builts
42,694
15,739
$398,474 $171,900
That the letter of credit required be reduced from $398.474 to $171.900 to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
CoulfCilmenber Noon . and upon vote being taken thereon, the
following voted in favor thereof: Ia►vor Davenport, Counei.lmembers Moen.
Schneider, Hells and Crain
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.