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HomeMy WebLinkAboutCity Council Resolution 1986-036CITY 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 13th day of Januar, 1986. The following members were present- yor TE"Eneider, councilmembers Crain, Sisk and Vasiliou The following members were absent: none Councilmember Sisk introduced the following Resolution and moved its adoption: RESOLUTION NO. 86- 36 REDUCING DEVELOPMENT BOND BASS LAKE HEIGHTS ADDITION (83008) WHEREAS, in accordance with the development contract dated February 23, 1984, BLH Development Company, developer of Bass Lake Heights 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 171E CITY COUNCIL OF THE CITY OF PLYMOUTH that the bonding requirements are reduced as follows: ITEM ORIGINAL AMOUNT NEW AMOUNT ' Street Construction ; 67,070 3 -C- Sanitary Sewer 58,128 -0- Watermain 45,395 -0- Storm Sewer 57,343 -0- Boulevard Sod 9,400 1,200 Pond or Ditch Construction -0- -0- Street Signs 450 450 Street Sweeping and Storm Sewer Cleaning 2,000 2,000 Maintenance of Erosion and Sediment Control Plan 2,000 2,000 Site Grading and Drainage Improvements 44,820 -0- Park and Trail Improvements -0- -0- Design, Administration, Inspection, As-Builts 34,393 -0- TOTAL $320,999 $5,650 That the letter of credit required be reduced from $31,672 to $5,650 to reflect the completed work. FURTHER BE IT RESOLVED that the street construction and concrete curb and gutter is accepted as of January 13, 1986 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 Cgun6ilmember Vasiliou , and upon vote being taken thereon, the following voted in favor thereof: Mayor Schneider, Councilmembers Crain, ' Sisk and Vasiliou The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted. e+ir+ir e,r* �nt�t