HomeMy WebLinkAboutCity Council Resolution 1984-736CITY 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 15th day
e,f October , 1984. The following members were pre aent: --Way—or- Davenport,
ounce mem ers Moen, Neils, Schneider and Crain
The following members were absent: none
Councilmember Moen introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84- 736
REDUCING DEVELOPMENT BOND
WIND RIDGE AT BASS LAKE 5TH ADDITION (A-755)
WHEREAS, in accordance with the development contract dated May 16, 1984,
Builders Development, Inc., developer of Wind Ridge at Bass Lake 5th Addition,
(A-755) 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
Street Construction
Sanitary Sewer System (services included with
cost of watermain)
Watermain System and Sanitary Sewer Services
Storm Sewer
Boulevard and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Park and Trail Improvements
Site Grading
Maintenance of Erosion and Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
$ 27,000
-0-
25,000
9,800
3,600
-0-
150
2,000
-0-
4,000
2,000
8,826
$82,376
NEW AMOUNT
$ 5,400
That the letter of credit required be reduced from $82,376 to $22,488 to
reflect the completed work.
-0-
5,000
1,960
3,600
-0-
150
2,000
-0-
800
2,000
1,578
$22,488
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Schneider , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmenibers Moen,
Neils, Schneider and Crain
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.