HomeMy WebLinkAboutCity Council Resolution 1985-521Pursuant 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: 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- 521
REDUCING DEVELOPMENT BOND
TAMMIE MIDDLEMIST ADDITION (85048)
WHEREAS, in accordance with the development contract dated June 5, 1985, Robert
Middlemist, Jr. developer of Tammie Middlemist Addition (85048) 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
Site Grading and Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$ 52,900
$40,900
28,900
-0-
35,400
-0-
25,500
-0-
5,000
5,000
-0-
-0-
300
300
42,500
4,250
-0-
-0-
22,860
5.544
$213,360 $55,994
That the letter of credit required for the above items be reduced from $213,360 to
$55,994 to reflect the completed work.
FURTHER BE IT RESOLVED that the bonding requirements for the following items per
Section 8.1 of the approved development contract be reduced as follows:
ITEM
Maintenance of Erosion and
Sediment Control Plan,
Street Sweeping and Storm
Sewer Cleaning Cash:
Letter of Credit:
ORIGINAL AMOUNT NEW AMOUNT
$ 1,000 $ 1,000
$23,820 $12,400
Resolution No. 85- 521
Page Two
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer
construction is accepted as of July 15, 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 Neils , 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: nnnp
Whhgreupon the Resolution was declared duly passed and adopted.