HomeMy WebLinkAboutCity Council Resolution 1984-887CITY 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
17th day of December , 19 84. The following members were
present: Mayor Davenport, Councilmembers rain, Moen, Neils and Schneider
The following members were a sent: None
Councilmember Moen introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 84 - 887
REDUCING DEVELOPMENT BOND
DEERWOOD ESTATES ADDITION (A-784)
WHEREAS, in accordance with the development contract dated July 2, 1981,
Parklands Development, developer of Deerwood Estates Addition (A-784), 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, MINNESOTA that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT NEW AMOUNT
Street Construction $100,672
Sanitary Sewer 98,596
Watermain 52,533
Storm Sewer 27,302
Boulevard Sod 9,200
Pond or Ditch Construction 7,000
Street Signs 600
Street Sweeping and Storm Sewer Cleaning 2,000
Maintenance of Erosion and Se-4iment Control Plan 2,000
Site Grading and Drainage Imprc,vements 57,000
Park and Trail Improvements -0-
Design, Administration, Inspection, As-Builts 42,828
TOTAL
$ 10,067
9,860
5,253
2,730
-0-
-0-
-0-
1,000
-0-
-0-
-0-
3,469
$399,731 $ 32,379
That the letter of credit required be reduced from $73,184 to $32,379 to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Crain , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Crain, Moen,
Neils. and SrhnPidpr
The following voted against or abstained: _None
Whereupon the Resolution was declared duly passed and adopted.