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HomeMy WebLinkAboutCity Council Resolution 1984-894CITY OF PLYId1M Pursuant to due call and notice thereof, a Regular meeting of the City Council of the City of Plymouth, Minnesota, Was held ons e 17th day of December , 19 84. The following members were present: Mayor pakgnDort, ounci member gain Neils Moen and Schneider The following rs were sent: None •�! •wee ��� Councilmember Moen introduced the following Resolution and moved itsadoption: RESOLUTION NO. 84- 894 REDUCING DEVELOPMENT BOND FOX RUTS ADDITION (82066) WHEREAS, in accordance with the development contract dated October 12, 1983, Lundgren Bros. Construction, Inc., developer of Fox Run Addition (82066), 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 that the bonding requireT�ents are reduced as follows: ITEM ORIGINAL AMOUNT NEW AMOUNT Street Construction Sanitary Sewer Watermain Storm Sewer Boulevard and Drainage Swale Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Park and Trail Improvements Site Grading and Drainage Improvements Maintenance of Erosion and Sediment Control Plan Design, Administration, Inspection, As-Builts TOTAL $110,718 $27,680 67,213 -0- 50,153 -0- 71,246 -0- 6,200 6,200 5,000 -0- .,00 600 2,000 2,000 1,776 1,776 46,500 -0- 2,000 2,000 39,654 4,388 $403,060 $44,644 That the letter of credit required be reduced from $91,356 to $44,644 to reflect the completed work. Resolution No. 84-894 Page 2 • FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer 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 by Councilmember Crain , and upon vote being taken thereon, the following voted in favor thereof: Mayor Davenport, Councilmembers Crain, Mo n_ Neils and Schneider The following voted against or abstained: None ' Whereupon the Resolution was declared duly passed and adopted. ___