HomeMy WebLinkAboutCity Council Resolution 1984-737CITY 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
of October , 1984. The following members were present? a-yor 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- 737
REDUCING DEVELOPMENT BOND
TIMBERTON ADDITION (83054)
WHEREAS, in accordance with the development contract dated December 16, 1983,
Timbercon Company, developer of Timberton Addition, (83054), 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 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 :rail Improvements
Site Grading and Drainage Improvements
Maintenance of Erosion and Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
$ 38,400
$28,800
55,050
11,010
57,170
11,434
33,790
3,379
8,000
8,000
1,000
1,000
300
300
2,500
2,500
-0-
-0-
22,000
4,400
2,000
2,000
26,425
8,379
$246,635 $81,202
That the letter of credit required be reduced from $246,635 to $81,202 to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly secxnded by
Councilmember Schneider , 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.