HomeMy WebLinkAboutCity Council Resolution 1985-829CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of the Cicy
Council of the City of Plymouth, Minnesota was held on the 7th day
of October _ , 1985. The following members were present: Mayor Davenport,
Counci mem ers Rleils, Schneider, Crain and Vasiliou
The following members were absent: none
Councilmember Schneider introduced the following Resolution and moved
its adoption: RESOLUTION NO. 85- 829
REDUCING DEVELOPMENT BOND
STEEPLECHASE ADDITION (84047)
WHEREAS, in accordance with the development contract dated July 17, 1984,
Lundgren Bros. Construction, Inc., developer of Steeplechase Addition (84047),
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 and Drainage Improvements
Maintenance of Erosion and
Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$116,198
$ 46,758
81,600
-0-
69,900
-0-
46,300
-0-
10,800
5,400
-0-
-0-
750
750
2,000 2,000
3,200 3,200
46,500 -0-
2,000 2,000
41,982 7,213
$ 421,230 $ 67,321
That the letter of credit required be reduced from $128,092 to $67,321 to
reflect the completed work.
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer
construction 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.*.