HomeMy WebLinkAboutCity Council Resolution 1985-121CITY 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 4th day
of Februar , 1985. The following members were present:
eeputy1mayor Schneider, Councilmembers Crain, Neils and Vasiliou
The following members were abset.t: ayorannpor ,
Councilmember Vasiliou introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 85- 121
REDUCING DEVELOPMENT BOND
GONYEAS THIRD ADDITION (83030)
WHEREAS, in accordance with the development contract dated April 11, 1984,
William A. Kanduth, Elvera Kanduth, Gonyea Development Company and Sophie K.
Kanduth, developer of Gonyeas Third Addition (83030) has agreed to install
certain improvements for said development; and
WHEREAS, the developer has completed a portion of the street, ut;lity 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
10Street Construction
$ 93,800
$17,000
Sanitary Sewer
77,500
-0-
Watermain
56,300
-0-
Storm Sewer
75,600
-0-
Boulevard and Drainage Swale Sod
11,600
11,600
Pond or Ditch Construction
-0-
-0-
Street Signs
600
600
Street Sweeping and Storm Sewer Cleaning
2,000
2,000
Maintenance of Erosion and
Sediment Control Plan
2,000
2,000
Site Grading
-0-
-0-
Park and Trail Improvements
-0-
-0-
Design, Administration, Inspection, As-Builts
38,328
3,984
TOTAL
$357,7'8
$37,184
That the letter of credit required be reduced from $357,728 io $37,184 to
reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer
construction are accepted as of February 4, 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
Councilmember Crain , and upon vote being taken thereon, the
following voted in favor thereof: Deputy Mayor Schneider, Councilmembers Crain,
Neils and Vasiliou `
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.