HomeMy WebLinkAboutCity Council Resolution 1984-888CITY 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 1984 . The following members were
present: Mayor Davenport, Councilmembers Crain, Moen, Neils and Schneider
The following members were absent: None
A
Councilmember Moen introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 84- 888
REDUCING DEVELOPMENT BOND
DEERWOOD ESTATES PLAT TWO (A-784)
WHEREAS, in accordance with the development contract dated March 28, 1984,
Wiswell Estates, Inc. and International Development, Inc. developer of
Deerwood Estates Plat Two (A-784), has agreed to install certain improve-
ments 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 baud 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
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard "'od
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Maintenance of Erosion and Sediment
Control Plan
Site Grading and Drainage Improvements
Park and Trail Improveme ':.s
Design, Administration, inspection,
As-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$ 25,800
$ 12,000
20,656
2,066
34,379
3,438
-0-
-0-
4,000
4,000
-0-
-0-
-0-
-0-
2,000
2,000
2,000 2,000
5,000 -0-
-0- -0-
11,260 3,060
$105,095 $ 28,564
That the letter of credit required be reduced from $105,095 to $28,564 to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Counr_ilm mb r Crain , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Crain,
Neils, Moen and Schneider
The following voted against or abstained: None _
Whereupon the Resolution was declared duly passed and adopted.