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HomeMy WebLinkAboutCity Council Resolution 1984-892CITY OF PLYNOM Pursuant to due call and notice thereof, a ReqWlg meeting of the City Council of the City r- -1- Plymouth, Minnesota, was held o—n--tlW 17th day of December , 19 84. The following members were present: Mayor Davpn nrt. Councimembers Crain- Moen_ NPilc and Srhnaidar RRR RRR RRA introduced the following Resolution and moved is adoption: RESOLUTION NO. 84- 892 REDUCING DEVELOPMENT BOND BASS LAKE HEIGHTS 2ND ADDITION (83008) WHEREAS, in accordance with the d--velopment contract dated August 28, 1984, BLH Development Company, developer of Bass Lake Heights 2nd Addition (83008) has agreed to install certain improvements for said development; and WHEREAS, the developer has.coupleted 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 Constructicj- Sanitary Sewer Watermain Storm Sewer Boulevard Sod 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 Improvements Design, Administration, Inspection, As-Builts TOTAL ORIGINAL AMOUNT NEW :MOUNT 34,864 5 7,83" 26,11.' -0- 22,496 -0- -0- -0- 4,�00 4,200 -0- , -0- 300 300 2,000 2,000 2,000 2,000 46,000 -0- -0- -0- 16,557 1,960 $154,534 $1.8,294 That the letter of credit required be reduced fram $64,317 to $18,294 to reflect the completed work. Resolution No. 84-892 Page 2 FURTHER BE IT RESOLVED that the sanitary sewer and watermain construction is accepted as of December 17, 1984 for the continual maintenance subject to the one year guarantee by the developer. The motion for the adoption of the foregoing Resolution was duly seconded 10 by Councilmember Crain , and upon vote being taken thereon, the following voted in favor thereof: Mayor Davenport, Councilmembers Crain, Moen, Neils and Schneider. he following voted against or abstained: None Whereupon the resolution was declared duly passed and adopted.