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HomeMy WebLinkAboutCity Council Resolution 1984-897CITY OF PLYMMM Pursuant to due call and notice thereof, a Regular meeting of the City Council of the City of Plymouth, Minnesota, was held on the 17th day of December 19 84. The following members were present: Mayor Davenoort, ounce members Crain Moen Neils and Schneider. The owing ers were sent: None Councjlmmber Moen introduced the following Resolution and moved its tion: RESOLUTION NO. 84- 897 REDUCING DEVELOPMENT BOND AMHURST SEVENTH ADDITION (79046) WHEREAS, in accordance with the development contract dated August 5, 1983 and revised September 12, 1983, Laurent Development Company, developer of Amhurst Seventh Addition (79046), 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 Sanitary Sewer Watermain Storm Sewer Boulevard Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Maintenance of Erosion & Sediment Control Plan Site Grading and Drainage Improvements Park and Trail Improvements Design, Administration, Inspection, As-Builts TOTAL $ 18,681 $ 1,868 11,269 -0- 18,887 -0- 37,973 -0- 2,000 1,200 -0- -0- 150 150 1,000 1,000 1,000 1,000 15,725 1,573 2,200 -0- 13,066 815 $121,951 $ 7,606 That the letter of credit required be reduced from $15,236 to $7,606 to reflect the completed work. a Resolution No, 84_897 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 1b following voted in favor thereof: Mayor Davenport, Councilmembers Crain, Moen, Neils and Schneider The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted.