HomeMy WebLinkAboutCity Council Resolution 1986-054CITY 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 27th day
of January , 1986. The following members were present:
.Mayor Schneider, Councilmembers Crain. Sisk and Vasilin"
The following members were absent: none
Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86- 54
aEDUCING DEVELOPMENT BOND
CREEKWOOD HILLS 3RD ADDITION (A-648)
WHEREAS, in accordance with the development contract dated May 1, 1984,
Creekwood Hills Ventures, developer of Creekwood Hills 3rd Addition (A-648) 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
$ 54,221
$ -0-
Sanitary Sewer
46,970
-0-
Watermain
37,983
-0-
Storm Sewer
68,412
-0-
Boulevard or Drainage Swale Sod
9,600
7,200
Pond or Ditch Construction
-0-
-0-
Street Signs
450
450
Street Sweeping and Storm Sewer Cleaning
2,000
2,000
Park and Trail improvements
4,800
-0-
Site Grading and Drainage Improvements
25,000
-0-
Maintenance of Erosion and
Sediment Control Plan
2,000
2,000
Design, Administration, Inspection, As-Builts 30,172
1,398
TOTAL
$281,608
$13,048
That the letter of credit required be reduced
from $43,154
to $13,048 to
reflect the completed work.
FURTHER BE IT RESOLVED that the street construction and concrete curb and
gutter is accepted as of January 27, 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
Councilmember Crain , and upon vote being taken thereon, the
fcllowing voted in favor thereof: _MaXnr Srhnpidpr„ rnunrJ1mOmbQrc Crain,
Sisk and Vasiliou
The following voted against or abstained: nrnp
Whereupon the Resolution was declared duly passed and adopted.