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HomeMy WebLinkAboutCity Council Resolution 1985-038CITY OF PLYMOUTH Pursuant to due call and notice thereof, a rLaU111 ar meeting of the City Council of the City of Plymouth, Minnesota was held on the 7th day . of Jani,arx, , 1985. The following members were present: Mayor Davenport rnunriIm-,hare rrain. Neils-_ Schneider and VaSiliou The following members were absent: None t'nunr_ilmemher Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 85- 38 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 that the bonding requirements are reduced as follows: ITEM ORIGINAL AMOUNT NEW AMOUNT Street Construction $ 18,681 $1,868 Sanitary Sewer 11,269 -0- Watermain 18,887 -0- Storm Sewer 37,973 -0- Boulevard Sod 2,000 800 Pond or Ditch Construction -0- -0- Street Signs 150 150 Street Sweeping and Storm Sewer Cleaning 1,000 1,000 Maintenance of Erosion and Sediment Control Plan 1,000 500 Site Grading and Drainage Improvements 15,725 1,573 Park and Trail Improvements 2,200 -0- Design, Administration, Inspection, As-Builts 13,066 707 TOTAL $121,951 $6,598 That the letter of credit required be reduced from $7,606 to $6,598 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by . Councilmember Schnelder , 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: Non Whereupon the Resolution was declared duly passe opted. *WW