HomeMy WebLinkAboutCity Council Resolution 1985-035CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota was held on the 7th day
IDof January , 1985. The following members were presen�or Davenport,
out ncilmen eersCrain, Neils, Schneider and Vasiliou
The following members were absent: None
Councilmember Neils introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 85- 35
REDUCING DEVELOPMENT BOND
THE VILLAGES ADDITION (83061)
WHEREAS, in accordance with the development contract dated April 18, 1984,
Roger A. Fazendin, Margaret C. Fazendin, Daniel C. Fazendin and Lynn M.
Fazendin, developer of The Villages Addition (83061), 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
ORIGINAL AMOUNT
Street Construction $ 61,000
Sanitary Sewer 104,000
Watermain 39,000
Storm Sewer 10,000
Boulevard and Drainage Swale Sod 6,000
Pond or Ditch Construction -0-
Street Signs 150
Street Sweeping and Storm Sewer Cleaning 2,000
Park and Trail Improvements -0-
Site Grading and Drainage Improvements 40,000
Maintenance of Erosion and Sediment Control Plan 2,000
Design, Administration, Inspection, As-Builts 31,698
TOTAL
NEW AMOUNT
$15,250
20,800
7,800
2,000
4,500
-0-
150
2,000
-0-
8,000
2,000
7,500
$295,848 $70,000
That the letter of credit required be reduced from $295,848 to $70,000 to
reflect the completed work.
,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, CouncilmembersCrain, Neils,
Schneider and Vasiliou
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.