HomeMy WebLinkAboutCity Council Resolution 1985-900CITY 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 th,- 4th day
of November , 1985. The following members were preventyf"�ayor Davenport,
Counci members Neils, Schneider, Crain and Vasiliou
The following members were absent: none
Councilmember Vasiliou introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 85- 900
REDUCING DEVELOPMENT BOND
NATHAN TRAILS ADDITION (A-698)
WHEREAS, in accordance with the development contract dated May 15, 1978, Meadow
Corporation, developer of Nathan Trails Addition (A-698), 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
$108,570
$ -0-
Sanitary Sewer
83,210
-0-
Watermain
66,640
-0-
Storm Sewer
43,025
-0-
Boulevatd and Drainage Swale Sod
11,800
-0-
Pond or Ditch Construction
2,500
-0-
Street Signs
1,050
-0-
Street Sweeping and Storm
Sewer Cleaning
1,000
-0-
Park and Trail Improvements
-0-
-0-
Maintenance of Erosion and
Sediment Control Plan
1,000
-0-
Site Grading
62,750
-0-
Design, Administration, Inspection,
As-Builts -0-
-0-
TOTAL
$ 381,545
$ -0-
That the letter of credit which was previously reduced to $8000 be further
reduced to $0 (zero) to reflect the completed v.:)rk.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Schneider , 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: :lone
Whereupon the Resolution was declared duly passed and adopted.