HomeMy WebLinkAboutCity Council Resolution 1984-893CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a Regula; meetingof the City
Council of the City of Plymouth, Minnesota was held on the 17t, da
. of December , 1984. The following members were present*,ayor &Venport,
Councilmembers Crain, Moen, Neils and Schneider
The following members were absent: None
Councilmember Moen introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84- 893
REDUCING DEVELOPMENT BOND
SCHMIDT LAKE WOODS 4TH ADDITION (A-681)
WHEREAS, An accordance with the development contract dated February 1, 1983,
Enterprise Properties,, developer of Schmidt Lake Woods 4th Addition (A-
681),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
$ 79,673
-0-
Sanitary Sewer
36,875
-0-
Watermain
22,786
-0-
Storm Sewer
17,840
-0-
Boulevard or Drainage Swale Sod
6,400
-0-
Pond or Ditch Construction
-0-
-0-
Street Signs
300
-0-
Street Sweeping and Storm Sewer Cleaning
1,000
-0-
Maintenance of Erosion and
Sediment Control Plan
2,000
-0-
Site Grading and Drainage Improvements
-0-
-0-
Park and Trail Improve-,ents
-0-
-0-
Design, Administration, Inspection, As-Builts
20,025
-0-
TOTAL
$186,899
-0-
That the letter of credit required which was previously
reduced to
$22,145 be
further reduced to $0 (zero) to reflect the completed
work.
FURTHER, BE IT RESOLVED that the street construction
and concrete
curb and gutter
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
by
Councilmember Crain , and upon vote being
taken thereon,
the
following voted in favor thereof: Mayor Davenport, Councilmember
Crain, Moen,
Neils and Schneider
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and
adopted.