HomeMy WebLinkAboutCity Council Resolution 1984-858CITY 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 Ilpcpmhpr , 1984. The following members were presenter Davenport
fnunrilmin. Moen. Neils and Schneider
ng members were absent:
it**
Councilmember Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84- 858
REDUCING DEVELOPMENT BOND
FOX FOREST 2ND ADDITION (80045)
WHEREAS, in accordance with the development contract dated September 26, 1984,
Cheyenne Land Company, developer of Fox Forest 2nd Addition (80045), 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
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
ORIGINAL AMOUNT NEW AMOUNT
$ 55,700
$45,700
28,300
-0-
40,100
-0-
22,700
-0-
8,200
8,200
-0-
-0-
300
300
2,000
2,000
9,800
6,000
-0-
-0-
2,000
2,000
20,292
7,704
$189,392
$71,904
That the letter of credit required be reduced from $82,110 to $71,904 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 mainte"ance
subject to the one year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Moen , an upon ote be taken thereon, the
following voted in favor thereof: `Mayor Dvavenpot�g Councilmembers Crain, Moen,
Neils and Schneider
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.