HomeMy WebLinkAboutCity Council Resolution 1984-895CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a Runlar meeting of the City
Council of the City of Plymouth, Minnesota was held on the 17t day
of December , 1984. The following members were present: Mayor Davenport,
Councilmembers Crain, Moen, Neils and Schneider
The following members were absent:
Councilor mb r Moen introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 84- 895
REDUCING DEVELOPMENT BOND
STEEPLECHASE ADDITION (84047)
WHEREAS, in accordance with the development contract dated July 17, 1984,
Lundgren Bros. Construction, Inc., developer of Steeplechase Addition (84047),
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 requirements are reduced as follows:
ITEM
Street Construction
Sanitary Sewer
Watermain
Storm Sever
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
ORIGINAL AMOUNT NEW AMOUNT
$116,198
$ 46,758
81,600
16,320
69,900
13,980
46,300
9.260
10,800
10,800
-0-
-0-
750
750
2,000
2,000
3,200
3,200
46,500
9,300
2,000 2,000
41,982 13,724
$421,230 $128,092
That the letter of credit required be reduced from $421,230 to $128,092 to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
_Cnuncilm mh r Crain , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Crain, Moen,
Npils and Schneider
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.