HomeMy WebLinkAboutCity Council Resolution 1985-315CITY 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 M , 1985. The following members were present: Mayor Davenport,
Counci members Neils, Schneider, Crain and Vasiliou
41 The following members were absent: none
Councilmember Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 85- 315
REDUCING DEVELOPMENT BOND
ARMSTRONG RIDGE ADDITION (80011)
WHEREAS, in accordance with the development contract dated July 19, 1982, Ridge
Development, developer of Armstrong Ridge Addition (80011), 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
Sanitary Sewer System
Watermain
Storm Sewer
Boulevard and Drainage Swale 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
$ 43,155
$43,155
15,328
1,533
25,550
2,555
15,260
1,526
3,200
3,200
-0-
-0-
300
300
1,500
1,500
500
500
50,000
9,309
-0-
-0-
18,575
7,629
$173,368 $71,207
That the letter of credit required be reduced from $173,368 to $71,207 to
reflect the completed work.
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.