HomeMy WebLinkAboutCity Council Resolution 1984-889CITY IN PLYMOUTH
Pursuant to due call and notice thereof, a Regular meeting of
the City Council of the City of Plymouth, Min pesota was held on the
17th day of December , 19 84 . The following members were
present: Mayor Oavanpnrt- Cntjnrj1mPmhPrs Crain. Moen. Neils and Schneider .
The following members were absent: Nnnp
Councilmember Moen introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 84- 889
REDUCING DEVELOPMENT BOND
DEERWOOD ESTATES PLAT THREE (A-784)
WHEREAS, in accordance with the development contract dated May 16, 1984,
Wiswell Estates, Inc. and International Development, Inc. developer of
Deerwood Estates Plat Three (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
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard Sod
Pond or Ditch Construction
Street Sigus
Street Sweeping and Storm Sewer Cleaning
Maintenance of Erosion and Sediment
Control Plan
Site Grading and Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection,
As-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$ 46,300
$ 22,000
28,500
2,850
30,900
3,090
23,900
2,390
6,400
6,400
-0-
-0-
450
450
2,000
2,000
2,000 2,000
49,200 -0-
-0- -0-
22,758 4,942
$212,408 $ 46,122
That the letter of credit required be reduced from $212,408 to $46,122 to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Cniinrilmpmhar Crain J. and upon vote being taken thereon, the
following voted in favor thereof: mayor Davenport. Councilmembers Crain,
Mnpn Nails and Schnpidpr
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.