HomeMy WebLinkAboutCity Council Resolution 1985-460CITY 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 Vasfiiou
The following members were absent: Mayor Davenport
Councilmember Crain introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 85- 460
REDUCING DEVELOPMENT BOND
CEDAR RIDGE PLAT TWO (A-813)
WHEREAS, in accordance with the development contract dated August 29, 1980, B -•T
Land Company, developer of Cedar Ridge Plat Two, (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 THE CITY OF
PLYMOUTH that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NEW AMOUNT
do Street Construction
$ 61,680
$ -0-
Sanitary Sewer
12,725
-0-
Watermain
41,328
-0-
Storm Sewer
27,500
-0-
Boulevard Sod
10,200
4,800
Pond or Ditch Construction
500
-0-
Street Signs
450
-0-
Street Sweeping and Storm Sewer Cleaning
1,500
1,000
Erosion Control
1,500
1,500
Site Grading and Drainage Improvements
5,000
-0-
Park and Trail Improvements
1,500
-0-
Boulevard Trees
1,300
400
Design, Administration, Inspection, As-Builts
19,822
300
TOTAL
$185,005
$8,000
That the letter of credit required be reduced from
$10,500 to $8,000
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
following voted in favor thereof: Deputy Mayor Schneider, Councilmembers
Neils, Crain and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.