HomeMy WebLinkAboutCity Council Resolution 1985-081CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota was held e 21St day
• of January , 1985. The following members were present:
Mayor Davenport, Councilmembers Crain, Neils, Schneider and Vasiliou
The following members were absent: none
Councilmember Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 85- 81
REDUCING DEVELOPMENT BOND
DEERWOOD ESTATES PLAT THREE (A-784)
WHEREAS, in accordance with the development contract dated May 16, 1984,
Wiswell Estates, Inc, and International Development, Inc., developer of
Deerwood Estates Plat Three (A-784), 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 +.onstruction
Sanitar-,• Sewer
Watermr.il
Storm Sewer
Boulevard Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Maintenance of Erosion and
Sediment Control Plan
Site Grading and Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
ORIGINAL AMOUNT
$ 46,300
28,500
30,900
23,900
6,400
-0-
450
2,000
2,000
49,200
-0-
22,758
$212,408
NEW AMOUNT
$22,000
-0-
-0-
-0-
6,400
-0-
450
2,000
2,000
-0-
-0-
3,942
$36,792
That the letter of credit required be reduced from $46,122 to $36,792 to
reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer con-
struction is accepted as of January 21, 1985 for continual maintenance subject
to the one year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
10 Councilmember Vasiliou , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilembers Crain, Neils.
Schneider and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.