HomeMy WebLinkAboutCity Council Resolution 1986-472CITY OF PLTMOUTH
Pursuant to due call and notice th^reof, a regular meeting of the City
Council of the City of Plymouth, Minnesota was held on the 4th day
of_Su81s9t 1986. The following members were present: Mayor Schneider,
P.mmrliff'o Karg Sisk. Vastliou, and Zitur
The following members were absent: Councilmember Crain
fte
l'mmer11momhar sial introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 86-472
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:
1bORIGINAL
AMOUNT
Public
Public
Project
Original
Phase I
Phase II
Private
412
Total
Item
Street Construction
$ 46,136
$ 51,F64
$ -0-
$269553
$1249553
Sanitary Sewer
35,280
62,720
-0-
18,272
116,272
Watermain
58,080
62,920
-0-
14,313
135,313
Storm Sewer
16,500
33,500
-0-
10,475
60,475
Boulevard b Drainage
Swale Sod
-0-
-0-
20,000
-0-
20,000
Pond or Ditch Construction
-0-
-0-
-0-
-0-
-0-
Street Signs
225
225
-0-
-0-
450
St. Swpng. & St. Sewer Clog
1,000
1,000
-0-
-0-
2,000
Park and Trail Improvements
-0-
3,600
4,400
-0-
8,000
Site Grdng & Drainage Imp.
-0-
-0-
143,000
-0-
143,000
Maint. of Erosion & Sediment
Control Plan
-0-
-0-
2,000
-0-
2,000
Design, Administration,
Inspection, As-Builts
18,867
25,899
20,328
-0-
65,094
ORIGINAL TOTAL
$176,088
$241,728
$189,728
$69,613
$677,157
USOLUTION N0. 86-472
Page Two
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Blvd. & Drainage Swale Sod
Pond or Ditch Const.
Street Signs
St. Swpng. b St. Sever Cing.
Park b Trail Improvements
Site Grdng. 6 Drainage Imp.
Maint. of Erosion 6 Sediment
Control Plan
Design, Adm., Insp.
As -Built$
REVISED TOTAL
That the letter of credit required be reduced from $138,326 to $127,991 to reflect
the completed work.
FURTHER BE IT RESOLVED: That the public street and concrete curb and gutter
construction in Phase I (per attached map) is accepted for continual maintenance as
of August 4, 1986, subject to the one year guarantee by the developer.
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 Sisk,
Vasiliou, and Zitur
The following voted against or abstained: none
Whereupon the Resolution was declared dully passed and adopted.
NEW AMOUNT
Public
Public
Project
New
Phase I
Phase II
Private
412
Total
-0-
$ 10,373
S -0- $
26,553
$ 36,926
-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-
-0-
2,000
-0-
2,000
147
1,824
4,284
-0-
6,255
1,372
$ 17,022
$ 39,984 $
69,613
$127,991
That the letter of credit required be reduced from $138,326 to $127,991 to reflect
the completed work.
FURTHER BE IT RESOLVED: That the public street and concrete curb and gutter
construction in Phase I (per attached map) is accepted for continual maintenance as
of August 4, 1986, subject to the one year guarantee by the developer.
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 Sisk,
Vasiliou, and Zitur
The following voted against or abstained: none
Whereupon the Resolution was declared dully passed and adopted.
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