HomeMy WebLinkAboutCity Council Resolution 1986-099CITY 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 10th day
of February , 1986. The following members were present: Mayor Schneider.
Count mem ers Crain, Sisk, Zitur and Vasiliou
The following members were absent: none
Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86- 99
REDUCING DEVELOPMENT BOND
CREEKWOOD HILLS 2ND ADDITION (A-648)
WHEREAS, in accordance with the development contract dated January 4, 1984,
Universal Land Corporation, developer of Creekwood Hills 2nd 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 $
82,852
$ -0-
Sanitary Sewer
54,750
-0-
Watermain
55,027
-0-
Storm Sewer
27,655
-0-
Boulevard or Drainage Swale Sod
9,600
4,300
Pond or Ditch Construction
-0-
-0-
Street Signs
750
-0-
Street Sweeping and Storm Sewer Cleaning
2,000
2,000
Park and Trail Improvements
-0-
-0-
Site Grading and Drainage Improvements
10,000
-0-
Maintenance of Erosion and
Sediment Control Plan
2,000
2,000
Design, Adr°nistration, Inspection, As-3uilts
29,356
996
TOTAL
$273,990 $ 9,296
That the letter of credit required be reduced from $38,472 to $9,296 to reflect
the completed work.
FURTHER BE IT RESOLVED that the street construction and concrete curb and
gutter is accepted as of February 10, 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
Ceuncilmember Vasiliou and upon vote being taken thereon, the
following voted in favor thereof: Mayor Schneider, Councilmembers Crain, Sisk,
Zitur and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.