HomeMy WebLinkAboutCity Council Resolution 1984-738CITY 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:—Wdyor Davenport,
ounce mem ers,.Moen, Neils, Schneider and Crain
The following members were absent. none
Councilmember Moen introduced he following Resolution aL,i moved
its adoption:
RESOLUTION NO. 84- 738
REDUCING DEVELOPMENT BOND
HERITAGE WEST ADDITION (84022)
WHEREAS, in accordance with the development contract dated September 11, 1984,
Heritage West, Inc. developer of Heritage West Addition (84022), 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
Site Grading and Drainage Improvements
Maintenance of Erosion and Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
$ 71,000
$ 56,800
81,000
24,300
53,000
10,600
27,000
5,400
7,200
7,200
-0-
-0-
600
600
2,000
2,000
-0-
-0-
-0-
-0-
2,000
2,000
29,256
13,068
$273,056 $121,1L
That the letter of credit required be reduced from $273,056 to $121,968 to
reflect the completed work.
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, Councilmembers Moen, Neils,
Schneider and Crain
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.