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HomeMy WebLinkAboutCity Council Resolution 1984-857CITY 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 of December , 1984. The following members were presen�—Ra—yor Davenport, 10 Counci mem era rain, Moen, Neils, and Schneider The following members were absent: None Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 857 REDUCING DEVELOPMENT BOND ROLLING HILLS PARR (83059) WHEREAS, in accordance with the development contract dated July 19, 1984, revised August 21, 1984, Enterprise Properties, developer of Rolling Hills Park (83059), 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 $124,910 $42,100 Sanitary Sewer 73,020 -0- Watermain 67,225 -0- Storm Sewer 22,405 -0- Boulevard and Drainage Swale Sod 10,000 10,000 Pond or Ditch Construction -0- -0- Street Signs 600 600 Street Sweeping and Storm Sewer Cleaning 2,00 2,000 Park and Trail Improvements 1,620 1,620 Site Grading and Drainage Improvements 52,000 25,000 Maintenance of Erosion and Sediment Control Plan 2,000 2,000 Design, Administration, Inspection, As-Builts 42,694 10,000 TOTAL $398,474 $93,320 That the letter of credit required be reduced from $171,900 o $93,320 to reflect the completed work. FURTHER, BE IT RESOLVED that the sanitary sewer, watermain and storm sewer construction is accepted 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 thereof: Mayor Davenport, Councilmembers Crain, Moen, Neils and Schneider The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted.