HomeMy WebLinkAboutCity Council Resolution 1985-558CITY 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 22nd day
of July , 1985. The following members were present: Mayor Davenport.
ounce mem ers Crain, Neils, Schneider and Vasiliou
The following members were absent: none
Councilmember Schneider introduced the following Resolution and moved its
adoption: RESOLUTION NO. 85- 558
REDUCING DEVELOPMENT BOND
WOODDALE NORTH ADDITION (84011)
WHEREAS, in accordance with the development contract dated October 31, 1984,
Wooddale Ventures and Lyman Lumber Company, developer of Wooddale North Addition
(84011) 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
$145,013
$35,347
Sanitary Sewer
75,120
-0-
Watermain System and Sanitary Sewer Services
59,190
-0-
*Storm Sewer (includes estimated easement costs
for drainage, ponding and street right-of-
way easements)
82,914
*30,000
Boulevard and Drainage Swale Sod
9,800
9,800
Pond or Ditch Construction
-0-
-0-
Street Signs
750
750
Street Sweeping and Storm Sewer Cleaning
(included in a separate grading permit and
letter of credit)
-0-
-0-
Park and Trail Improvements
-0-
-0-
Site Grading and Drainage Improvements
(Grading permit issued)
-0-
-0-
Maintenance of Erosion and Sediment Control
Plan (included in a separate grading permit
and letter of credit)
-0-
-0-
Design, Administration, Inspection, As-Builts
44,734
6,708
TOTAL
$417,521
$82,605
That the letter of credit required for the above items be reducvo iiJm $195,496 to
$82,605 to reflect the completed work.
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:ayor Davenport, Councilmembers Crain, Neils,
Schneider and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.