HomeMy WebLinkAboutCity Council Resolution 1985-762CITY 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 23rd day
of September , 1985. The following members were present:
Deputy Mayor Schneider. Councilmembers Crain. Neils and Vasiliou
The following members were absent: Mayor Davenport
CounGilmember Crain introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 85- 762
REDUCING DEVELOPMENT BOND
JAMESTOWN ADDITION (84024)
WHEREAS, in accordance with the development contract dated July 18, 1984, Centex
Homes Corporation, developer of Jamestown Addition (84024), 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 'm CITY OF PLYMOUTH
that the bonding requirements are reduced as follows:
Item
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard b Drainage
Swale Sod
Pond or Ditch Construction
Street Signs
St. Swpng. 6 St. Sewer Cing
Park and Trail Improvements
Site Grdng 6 Drainage Imp.
Maint. of Erosion 6 Sediment
Control Plan
Design, Administration,
Inspection, As-Builts
ORIGINAL TOTAL
ORIGINAL AMOUNT
Public
Public
Project
Original
Phase I
Phase II
Private
412
Total
$ 46,136
$ 51,864
$ -0-
$26,553
$124,553
35,280
62,720
-0-
18,272
116,272
58,080
62,920
-0-
14,313
135,31,3
16,500
33,500
-0-
10,475
60,47;
-0-
-0-
20,000
-0-
20,000
-0-
-0-
-0-
-0-
-0-
225
225
-0-
-0-
450
1,000
1,000
-0-
-0-
2,000
-0-
3,600
4,400
-0-
8,000
-0-
-0-
143,000
-0-
143,000
-0-
-0-
2,000
-0-
2,000
18,867
25,899
20,328
-0-
65,094
$176,088
$241,728
$189,728
$69,613
$677,157
RESOLUTION NO. 85- 762
Page Two
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Blvd. & Drainage Swale Sod
Pond or Ditch Const.
Street Signs
St. Swpng. & St. Sewer Cing.
Park & Trail Improvements
Site Grdng. & Drainage Imp.
Maint. of Erosion & Sediment
Control Plan
Design, Adm., Insp.
As-Builts
REVISED TOTAL
NEW AMOUNT
Public
Public
Project
New
Phase I
Phase II
Private
412
Total
$ 9,228
$ 33,760
$ -0- $
26,553
$ 69,541
-0-
6,272
-0-
18,272
24,544
-0-
6,292
-0-
14,313
20,605
-0-
3,350
-0-
10,475
13,825
-0-
-0-
18,000
-0-
18,000
-0-
-0-
-0-
-0-
-0-
225
225
-0-
-0-
450
1,000
1,000
-0-
-0-
2,000
-0-
3,600
4,400
-0-
8,000
-0-
-0-
14,300
-0-
14,300
-0-
-0-
2,000
-0-
2,000
1,254
6,540
4,644
-0-
12,438
$ 11,707
$ 61,039
$ 43,344 $
69,613
$185,703
•That the letter of credit required be reduced from $435,618 to $185,703 to reflect
the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
fniinrilmomher Crain , and upon vote being taken thereon, the
following voted in favor thereof: Reputg Magor Schneidar_ Colinrilmembers
r, s u
TheNafol;RlowingNeilvotedand Vasilioagainst or abstained: nOR6
Whereupon the Resolution was declared dully passed and adopted.