HomeMy WebLinkAboutCity Council Resolution 1984-710CITY 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 1St day
of October , 1984. The following members were present: Mayor Davenport,
Counci mem ers Neils, Schneider and Crain
The following members were absent: _ Councilmember Moen
Councilmember Neils introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84- 710
REDUCING DEVELOPMENT BOND
SILVERTHORNE ADDITION (82052)
WHEREAS, in accordance with the development contract dated September 12, 1983,
Raymond L. Laurent and Jeanne A. Laurent, developer of Silverthorne Addition
(82052), 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 Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Maintenance of Erosion 6 Sediment Control Plan
Site Grading and Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection, 4a-Builts
TOTAL
$ 74,950
$ 74,950
110,352
25,546
92,586
33,493
36,875
4,076
12,400
12,400
-0-
-0-
300
300
2,500
2,500
2,000
2,000
59,500
2,000
5,225
5,225
47,603
19,499
$444,291 $181,989
That the letter of credit required be reduced from $444,291 to $181,989 to
reflect the completed work.
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.