HomeMy WebLinkAboutCity Council Resolution 1986-115CITY OF PLYMOUTH
Pursiant to due call aid notice thereof, a Special meeting of the City
Council of the City of Plymouth, Minnesota was held on the 24th day
of February , 1986. rhe following members were present:
Mayor Schneider, Councilmembers Crain, Sisk, Vasiliou and Zitur
The follawing members were absent: none
Councilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 86- 115
REDUCING DEVELOPMENT BOND
JAMESTOWN ADDITION (84024)
WHEREAS, in accordance with the development contract dated July 18, 1984, Centex
Homes Corporation, developer of Jamestown Addition (84024), 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
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard b Drainage
Swale Sod
Pond or Ditch Construction
Street Signs
St. Swpng. b St. Sewer Cing
Park and Trail Improvements
Site Grdng & Drainage Imp.
Maint. of Erosion 6 Sediment
Control Plan
Design, Administration,
Inspection, As-Builts
ORIGINAL TOTAL $176,088 $241,728 $189,728 $69,613 $677,157
ORIGINAL AMOUNT
Public
Public
Project
Original
Phase I
Phase II
Private
412
Total
$ 46,136
$ 51,864
$ -0-
$26,553
$124,553
35,280
62,720
-0-
18,272
116,272
58,080
62,920
-0-
14,313
135,13
16,500
33,500
-0-
10,475
60,475
-0-
-0-
20,000
-0-
20,000
-0-
-0-
-0-
-0-
-0-
225
225
-0-
-0-
450
1,000
1,000
-0-
-0-
2,000
-0-
3,600
4,400
-0-
8,000
-0-
-0-
143,000
-0-
143,000
-0-
-0-
2,000
-0-
2,000
18,867
25,899
20,328
-0-
65,094
ORIGINAL TOTAL $176,088 $241,728 $189,728 $69,613 $677,157
RESOLUTION NO. 86- 115
Vage Two
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Blvd. 6 Drainage Swale Sod
Pond or Ditch Const.
Street Signs
St. Swpng. 6 St. Sewer Cing.
Park & Trail Improvements
Site Grdng. 3 Drainage Imp.
Maint. of Erosion & Sediment
Control Plan
Design, Adm., Insp.
As-Builts
REVISED TOTAL
-0-
1,254
-0- 2,000 -0- 2,000
1,824 4,284 -0- 7,362
$ 11,707 $ 17,022 $ 39,984 $ 69,613 $138,326
That the letter of credit required be reduced from $185,703 to $138,326 to reflect
the completed work.
FURTHER BE IT RESOLVED: That the sanitary sewer, watermain and storm sewer
construc:.ion in Phase II (per attached map) is accepted for continual maintenance
as of February 24, 1986, subject to the one year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmemher 7itUr , and upon vote being taken thereon, the
following voted in favor thereof: _mor Schneider, rgunrJIMAmbarc rrain,
Sisk, Vasiliou and 7itur
The following voted against or abstained: none
Whereupon the Resolution was declared dully passed and adopted.
F.-
NEW AMOUNT
Public
Public
Project
New
Phase I
Phase II
Private
412
Total
$ 9,228
$ 10,373
$ -0- $
26,553
$ 46,154
-0-
-0-
-0-
18,272
18,272
-0-
-0-
-0-
14,313
14,313
-0-
-0-
-0-
10,475
10,475
-0-
-0-
15,000
-0-
15,000
-0-
-0-
-0-
-0-
-0-
225
225
-0-
-0-
450
1,000
1,000
-0-
-0-
2,000
-0-
3,600
4,400
-0-
8,000
-0-
-0-
14,300
-0-
14,300
-0-
1,254
-0- 2,000 -0- 2,000
1,824 4,284 -0- 7,362
$ 11,707 $ 17,022 $ 39,984 $ 69,613 $138,326
That the letter of credit required be reduced from $185,703 to $138,326 to reflect
the completed work.
FURTHER BE IT RESOLVED: That the sanitary sewer, watermain and storm sewer
construc:.ion in Phase II (per attached map) is accepted for continual maintenance
as of February 24, 1986, subject to the one year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmemher 7itUr , and upon vote being taken thereon, the
following voted in favor thereof: _mor Schneider, rgunrJIMAmbarc rrain,
Sisk, Vasiliou and 7itur
The following voted against or abstained: none
Whereupon the Resolution was declared dully passed and adopted.
F.-
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