HomeMy WebLinkAboutCity Council Resolution 1985-034CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a reaular meeting of the City
Council of the City of Plymouth, Minnesota was held on the 7th day
of January , 1985. The following members were present*11ayor Davenport,
Cnuncilmembers Crain. Neils_ Schneider and Vasiliou
The following members were absent: None
Councilmember Neils introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 85- 34
REDUCING r--LOPMENT BOND
JAMESTOWN A� TION (84024)
WHEREAS, in accordance with the development contract dated July 18, 1984,
Centex Homes Corporation, developer of Jamestown Addition (84024), 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:
ORIGINAL AMOUNT
Public Public Project Original
ITEM Phase I Phase II Private 412 Total
Street Construction $
46,136
Sanitary Sewer
35,280
Watermain
58,080
Storm Sewer
16,500
Blvd. b Drainage Swale Sod
-0-
Pond or Ditch Const.
-0-
Street Signs
225
St. Swpng & St. Sewer Cing
1,000
Park b Trail Improvements
-0-
Site Grng 6 Drainage Imprvmts
-0-
Maint. of Erosion b Sediment
Control Plan
Design, Adm., Insp.
As-Builts 18,867 25,899 20,328 -0- 65,094
$ 51,864
$ -0-
$26,553
$124,553
62,720
-0-
18,272
116,272
62,920
-0-
14,313
135,313
33,500
-0-
10,475
60,475
-0-
20,000
-0-
20,000
-0-
-0-
-0-
-0-
225
-0-
-0-
450
1,000
-0-
-0-
2,000
3,600
4,400
-0-
8,000
-0-
143,000
-0-
143,000
-0- -0- 2,000 -0- 2,000
Original Total $176,088 $241,728 $189,728 $69,613 $677,157
RESOLUTION NO. 85- 34
Page Two
That the letter of credit required be reduced from $677,157 to $435,618 to
reflect the completed work.
.FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer
construction in Phase I (per attached map) is accepted for continual
maintenance as of January 7, 1985, subject to the one year guarantee by the
developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
.Councilmember Schneider , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport. Councilmembers Crain.
Neils. Schneider and Vasiliou
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.
,�r9t1t itit*
NLW AMOUNT
Public
Public
Project
New
ITEM
Phase I
Phase II
Private
412
Total
Street Construction $
29,940
$ 33,760
$ -0-
$26,553
$ 90,253
Sanitary Sewer
-0-
62,720
-0-
18,272
80,992
Watermain
-0-
62,920
-0-
14,313
77,233
Storm Sewer
-0-
33,500
-0-
10,475
43,975
Blvd. & Drainage Swale Sod
-0-
-0-
20,000
-0-
20,000
Pond or Ditch Const.
-0-
-0-
-0-
-0-
-0-
Street Signs
225
225
-0-
-0-
450
St. Swpng & St. Sewer Cing
1,000
1,000
-0-
-0-
2,000
Park 6 Trail Improvements
-0-
3,600
4,400
-0-
8,000
Site Grng & Drainage Imprvmts
-0-
-0-
71,500
-0-
71,500
Maint. of Erosion S Sediment
Control Plan
-0-
-0-
2,000
-0-
2,000
Design, Adm., Insp.
As-Builts
3,740
23,727
11,748
-0-
39,215
Revised Total $
34,905
$221,452
$109,648
$69,613
$435,618
That the letter of credit required be reduced from $677,157 to $435,618 to
reflect the completed work.
.FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer
construction in Phase I (per attached map) is accepted for continual
maintenance as of January 7, 1985, subject to the one year guarantee by the
developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
.Councilmember Schneider , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport. Councilmembers Crain.
Neils. Schneider and Vasiliou
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.
,�r9t1t itit*
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