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HomeMy WebLinkAboutCity Council Resolution 1985-520CITY 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 15th day of July 1985. The following members were present: Mayor Davenport, �ouncilmembers Neils, Schneider, Crain and Vasiliou The toiiowing members were absent: none Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NO. 85- 520 REDUCING DEVELOPMENT BOND MERRY MIDDLEMIST ADDITION (81055) WHEREAS, in accordance with the development contract dated January 13, 1983, Beverly H. Lillyblad, Duane Lillyblad, Helen M. Fries, Robert Middlemist, Jr. and Merry Middlemist, developer of Merry Middlemist Addition (81055) 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 Street Construction Sanitary Sewer Watermain Storm Sewer Boulevard and Drainage Swale Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Maintenance of Erosion b Sediment Control Plan Site Grading and Drainage Improvements Park and Trail Improvements Design, Administration, Inspection, As-Builts TOTAL ORIGINAL AMOUNT NEW AMOUNT $ 42,750 $4,275 22,450 -0- 22,250 -0- 5,675 -0- 4,400 800 -0- -0- 150 -0- 1,000 1,000 3,000 1,000 15,000 -0- -0- -0- 14.001 200 $130,676 $7,275 That the letter of credit required be reduced from $30,912 to $7,275 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by Couniclmember Neils ,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. t*•