HomeMy WebLinkAboutCity Council Resolution 1985-312CITY 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 6th day
of Play , 1985. The following members were present: Mayor Davenport,
Councilmembers Neils, Schneider, Crain and Vasiliou
16 The following members were absent: none
Councilmember Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 85- 312
REDUCING DEVELOPMENT BOND ,
TRINITY PONDS ADDITION (79009)
WHEREAS, in accordance with the development contract dated August 15, 1979,
Trinity Associates, developer of Trinity Ponds Addition (79009), 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 Lhat the bonding requirements are reduced as follows:
. ITEM
ORIGINAL AMOUNT
NEW AMOUNT
Street Construction
$11,000
$ -0-
Sanitary Sewer
5,505
-0-
Watermain
5,690
100
Storm Sewer
4,640
-0-
Boulevard Sod
1,400
400
Pond or Ditch Construction
500
-0-
Street Signs
150
-0-
Street Sweeping and Storm Sewer Cleaning
750
250
Erosion Control
1,000
500
Site Grading
7,000
-0-
Design, Administration, Inspection, As-Builts
4,516
150
TOTAL
$42,151
$1,400
That the letter of credit required be reduced from $10,660 to $1,400 to reflect
the completed work.
FURTHER BE IT RESOLVED that the street construction and concrete curb and
gutter is accepted as of May 6, 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 Neils,
_Schneider. Crain and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.