HomeMy WebLinkAboutCity Council Resolution 1986-055CITY 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:
The following members were absent: none
Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86-55
REDUCING DEVELOPMENT BOND
AMHURST SEVENTH ADDITION (79046)
WHEREAS, in accordance with the development contract dated August 5, 1983, and
revised September 12, 1983, Laurent Development Company, developer of Amhurst
Seventh Addition (79046), 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 and Drainage Improvements
Park and Trail Improvements
Design, Administration,"Inspection, As-Builts
TOTAL
$ 18,681
$ -0-
11,269
-0-
18,887
-0-
37,973
-0-
2,000
800
-0-
-0-
150
-0-
1,000
500
1,000
500
15,725
-0-
2,200
-0-
13,066
200
$121,951 $2,000
That the letter of credit required be reduced from $3,778 to $2,000 to reflect
the completed work.
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: Fla'nr Srhnpidpr, CnunrilmpmhprS Crain,
Sisk and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.