HomeMy WebLinkAboutCity Council Resolution 1986-057C1T1f OF' FL
Pursuant to due call and notice thereof, a prial meeting of the City
Council of the City of Plymouth, Minnesota was held on the 27th day
of JanuaLry , 1986. The following members were present:
Mayor Schneider. Councilmembers Crain Sisk and vaSilinu
The following members were absent: nnnp
Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86- 57
REDUCING DEVELOPMENT BOND
STEEPLECHASE ADDITION (84047)
WHEREAS, in accordance with the development contract dated July 17, 1984,
Lundgren Bros. Construction, Inc., developer of Steeplechase Addition (84047),
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
$116,198
$ -0-
Sanitary Sewer
81,600
-0-
Watermain
69,900
-0-
Storm Sewer
46,300
-0-
Boulevard and Drainage Swale Sod
10,800
2,400
Pond or Ditch Construction
-0-
-0-
Street Signs
750
-0-
Street Sweeping and Storm
Sewer Cleaning
2,000
2,000
Park and Trail Improvements
3,200
-0-
Site Grading and Drainage Improvements
46,500
-0-
Maintenance of Erosion and
Sediment Control Plan
2,000
2,000
Design, Administration, Inspection, As-Builts
41,982
768
TOTAL
$ 421,230
$ 7,168
That the letter of credit required be reduced from $7,504
to $7,168
to reflect
the completed work.
FURTHER BE IT RESOLVED that the trail construction is
accepted as of
January
27, 1985 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
following voted in favor thereof: Mayor Schneider,
Councilmemb rs
Crain_
Sisk and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and
adopted.