HomeMy WebLinkAboutCity Council Resolution 1984-856CITY 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 3rd day
o December , 1984. The following members were present Mayor Davenport,
;ounce mem ers rain, Moen, Neils and Schneider
The following members were absent: None
Councilmember Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84-856
REDUCING DEVELOPMENT BOND
GLEN ECHO PONDS (84008)
WHEREAS, in accordance with the development contract dated May 30, 1984, Lyman
Lumber Company, Dennis D. Gonyea and Frances Ann Gonyea, developer of Glen Echo
Ponds (84006), 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
COMMERCIAL & COMMERCIAL b
RESIDENTIAL RESIDENTIAL
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
$ 77,300
$16,085
58,100
-0-
55,900
-0-
58,800
-0-
8,500
7,500
-0-
-0-
300
300
2,000
2,000
8,200
-0-
47,000
4,700
2,000
2,000
38,172
3,346
$356,272
$35,931
That the letter of credit required be reduced from $187,255 to $35,931 to
reflect the completed work.
FURTHER, BE IT RESOLVED that the sanitary sewer, watermain and storm sewer are
accapted as of December 3, 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 Moen 'and upon vote being taken thereon, the
following voted in favor ':hereof: Mayor Davenport, Councilmembers Crain, Wen,
Keils and Schneider
The following voted agAinst or abstained: None
Whereupon the Resolution was declared duly passed and adopted.