HomeMy WebLinkAboutCity Council Resolution 1985-999CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a RpGA21a csleeting of the City
Council of the City of Plymouth, Minnesota was held on the 16th day
of December 1985. The following members were present:
ng members were absent:
Cou_ncilmember Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 65-999
REDUCING DEVELOPMENT BOND
BASS LAKE HEIGHTS 2ND ADDITION (83008)
WHEREA., in accordance with the development contract dated August 28, 1984, BLH
Development Company, developer of Bass Lake Heights 2nd Addition, 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
Sanitary Sewer
Watermain
Storm Sewer
Boulevard Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Maintenance of Erosion and
Sediment Control Plan
Site Grading amd Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
$ 34,864
S 3.486
26,117
-0-
22,496
-0-
-0-
-0-
4,200
3.000
-0-
-0-
300
-0-
2,000
2,000
2,000 2,000
46,000 -0-
-0- -0-
16.557 1.018
$154,534 $11.504
That the letter of credit required be reduced from $18,294 to $11,504 to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmemher Neils , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport. CouncilmemberS Crain.
Neils and Schneider _
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.