HomeMy WebLinkAboutCity Council Resolution 1985-826Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota was held on the 7th _ day
of October , 1985. The following members were present: Mayor Davenport,
Councilmembers Neils, Schneider, Crain and Vasiliou
The following members were absent: none
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Councilmember Schneider introduced the following Resolution and moved
its adoption: RESOLUTION NO. 85- 826
REDUCING DEVELOPMENT BOND
THE VILLAGES ADDITION (83061)
WHEREAS, in accordance with the dei.-elopment contract dated April 18, 1984,
Roger A. Faaendin, Margaret C. Fs:.endin, Daniel C. Faaendin and Lynn M.
Faaendin, developer of The Villepes Addition (83061), 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
Park and Trail Improvements
Site Grading
Maintenance of Erosion and
Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$ 61,000
$ -0-
104,000
-0-
39,000
-0-
10,000
-0-
6,000
3,000
-0-
-0-
150
150
2,000 2,000
-0- -0-
40,000 -0-
2,000 2,000
31,698 858
$ 295,848 $ 8,008
That the letter of credit required be reduced from $31,976 to $8,008 to reflect
the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain, storm sewer, street
construction and concrete curb and gutter is accepted as of October 7, 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 Crain , 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.