HomeMy WebLinkAboutCity Council Resolution 1985-720CITY 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 16th day
of Spptemher , 1985. The following members were present: Mayor Davenport.
.l ouncilmemhers: Neils. Vasiliou. Schneider and Crain
The following members were absent: none
teat
Councilmember Neils introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 85-720
REDUCING DEVELOPMENT BOND
PLYMOUTH HILLS 4TH ADDITION (81073)
WHEREAS, in accordance with the development contract dated May 3, 1982, Plymouth
Hills Company, developer of Plymouth Hills 4th Addition, (81073), 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 _HE CITY COUNCIL OF THE CITY OF PLYMOUTH
that the bonding requirements are reduced as follows:
ITEM
ORIGINAL AMOUNT
NEW AMOUNT
. Street Construction
$ -0-
$ -0-
Sanitary Sewer
-0-
-0-
Watermain
-0-
-0-
Storm Sewer
-0-
-0-
Boulevard Sod
1,400
-0-
Pond or Ditch Construction
-0-
-0-
Street Signs
-0-
-0-
Street Sweeping and Storm Sewer Cleaning
1,000
-0-
Park and Trail Improvements
-0-
-0-
Maintenance of Erosion and
Sediment Control Plan
2,000
-0-
Site Grading and Drainage Improvements
71,000
-0-
Design, Administration, Inspection, As-Builts
8,928
1,000
TOTAL
$84,328
$1,000
That the letter of credit required be reduced from $13,328 to $1,000 to reflect the
completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Crain , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport. CouncilmemberS: Neils.
Vasiliou, Schneider and Crain
The following voted against or abstained: none
. Whereupon the resolution was declared duly passed and adopted. .