HomeMy WebLinkAboutCity Council Resolution 1985-134CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a special meeting of the City
Council of the City of Plymouth, Minnesota was held on the 25th day
of F br ar1985. The following members were resent: Mayor
avenpor ouncilmembers Schneider, Crain and Vasi�iou
. The following members were absent: Councilmember Neils
Councilmember Schneider
its adoption:
introduced the following Resolution and moved
RESOLUTION NO. 85- 134
REDUCING DEVELOPMENT BOND
HERITAGE WEST ADDITION (84022)
WHEREAS, in accordance with the development contract dated September 11, 1984,
Heritage West, Inc. developer of Heritage West Addition (84022), 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
WHEREt.S, the develop r 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
Construction
$ 71,000
$14,200
1PStreet
Sanitary Sewer
81,000
-0-
Watermain
53,000
-0-
Storm Sewer
27,000
-0-
Boulevard and Drainage Swale Sod
7,200
7,200
Pond or Ditch Construction
-0-
-0-
Street Signs
600
600
Street Sweeping and Storm Sewer Cleaning
2,000
2,000
Park and Trail Improvements
-0-
-0-
Site Grading and Drainage Improvements
-0-
-0-
Maintenance of Erosion and
Sediment Control Plan
2,000
2,000
Design, Administration, Inspection, As-Builts
29,256
3,120
TOTAL
$273,056
$29,120
That the letter of credit required be reduced from $65,184 to $29,120 to
reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer
construction is accepted as of February 25, 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 VasilioU , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Schneider.
Crain and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.