HomeMy WebLinkAboutCity Council Resolution 1986-439CITY OF PLYMOUTH
Pursuant to due call and notice thereof, arp$t�lnr meeting of the City
Council of the City of Plymouth, Minnesota was held on the 21st day
Of _T„lp , 1986. The following members were present: Magnr Srhn idpr,
Councilmemhera Crain. Sisk_yaailinla and Zit+r
The following members were absent: nnnp
_Councilmemher Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86-439
REDUCING DEVELOPMENT BOND
MERRY MIDDLEMIST ADDITION (81055)
WHEREAS, in accordance with the development contract dated January 13, 1983,
Beverly H. Lillyblad, Duane Lillyblad, Helen M. Fries, Robert Middlemist, Jr.
and Merry Middlemist, developer of Merry Middlemist Addition (81055) 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 and Drainage Swale 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
$ 42,750
$ 4,275
22,450
-0-
22,250
-0-
5,675
-0-
4,400
-0-
-0-
-0-
150
-0-
1,000
-0-
3,000
-0-
15,000
-0-
-0-
-0-
14,001
-0-
$ 130,676 $ 4,275
That the letter of credit required be reduced from $7,275 to $4,275 to reflect
the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Zitur , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Schneider, Councilmembers Crain, Sisk,
Vasiliou. and Zitur
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.