HomeMy WebLinkAboutCity Council Resolution 1985-459CITY 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 24th day
of June , 1985. The following members were present: Deputy Mayor
Schneider. Councilmembers Neils Crain and Vasiliou
The following members were absent: Mayor Davenport
Councilmember Crain introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 85-459
REDUCING DEVELOPMENT BOND
CEDAR RIDGE ADDITION (A-813)
WHEREAS, in accordance with the development contract dated July 24, 1978, B -T
Land Company, developer of Cedar Ridge Addition (A-813), 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 111E CITY OF
. PLYMOUTH that the bonding requirements are reduced as follows:
ITEM ORIGINAL AMOUNT NEW AMOUNT
Street Construction
$ 92,750
$ -0-
Sanitary Sewer
74,760
-0-
Watermain
67,480
-0-
Storm Sewer
32,480
-0-
Boulevard Sod
15,000
600
Pond or Ditch Construction
1,000
-0-
Street Signs
75C
-0-
Street Sweeping and Storm Sewer Cleaning
1,000
500
Erosion Control
2,000
-0-
Site Grading
81,000
-0-
City Project 804
57,495
-0-
Boulevard Trees
-0-
200
TOTAL
$425,715
$ 1,300
That the letter of credit required be reduced from $5,600 to $1,300 to reflect
the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Deputy Mayor Schneider , and upon vote being taken thereon, the
10 following voted in favor thereof: Deputy Mayor Schneider, Councilmembers
Neils. Crain and Vasiliou
The following voted against or ab&tained: none
Whereupon the Resolution was declared duly passed and adopted.
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