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HomeMy WebLinkAboutCity Council Resolution 1984-707CITY 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 Che 1st day of October , 1984. The following members were present: Mayor Davenport, Neils, Schneider and Crain The following members were absent: Councilmember Moen 0ouncilwember 11eils introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 707 REDUCING DEVELOPMENT BOND HARRISON HILLS 2ND ADDITION (79055) WHEREAS, in accordance with the development contract dated August 17, 1983, Harrison Hills Partnership, developer of Harrison Hills 2nd Addition (79055) 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 Sanitary Sewer Watermain Storm Sewer Boulevard and Drainage Swale Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Park and Trail Improvements Maintenance of Erosion and Sediment Control Plan Site Grading Design, Administration, Inspection, As-Builts TOTAL $191,695 $ -0- 148,285 -0- 92,110 -0- 49,994 -0- 14,000 14,000 -0- -0- 1,050 1,050 2,000 2,000 -0- -0- 3,000 500 40,000 4,000 65,056 1,000 $607,190 $22,550 That the letter of credit required be reduced form $42,720 to $22,550 to reflect the completed work. FURTHER BE IT RESOLVED that the street construction and concrete curb and gutter are accepted as of October 1, 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 Crain , and upon vote being taken thereon, the following voted in favor thereof: Mayor Davenport, Councilmembers Neils, Schneider and Crain The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted. ,kt* Ott* �,t*