HomeMy WebLinkAboutCity Council Resolution 1984-861CITY 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 present: ayor Davenport,
• Counci mem ers Crain, Moen, Neils and Schneider
The following members were absent: None
Councilmember Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84- 861
REDUCING DEVELOPMENT BOND
WIND RIDGE AT BASS LAKE "i'H ADDITION (A-755)
WHEREAS, in accordance with the development contract dated May 16, 1984,
Builders Development, Inc., developer of Wind Ridge at Bass Lake 5th Addition
(A-755). as 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
$ 27,000
$ 5,400
Sanitary Sewer System (services included
with cost of watermain)
-0-
-0-
Watermain System and Sanitary Sewer Services
25,000
-0-
Storm Sewer
9,800
-0-
Boulevard and Drainage Swale Sod
3,600
3,600
Pond or Ditch Construction
-0-
-0-
Street Signs
150
150
Street Sweeping and Storm Sewer Cleaning
2,000
2,000
Park and Trail Improvements
-0-
-0-
Site Grading
4,000
800
Maintenance of Erosion and Sediment
Control Plan
2,000
2,000
Design, Administration, Inspection, As-Builts
8,826
1,578
TOTAL
$82,376
$15,528
That the letter of credit required be reduced from
$22,488 to $15,528
to
reflect the completed work.
FURTHER, BE IT RESOLVED that the sanitary sewer, watermain
and storm sewer are
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.