HomeMy WebLinkAboutCity Council Resolution 1986-517CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a s ecial meeting of the City
Council of the City of Plymouth, Minnesota Was field on the 25th day
of August , 1986. The following members were present: ay0r Schneider,
Councilmembers Crain, Vasiliou, and Zitur _
The following members were absent: Councllmember Sisk
Counciimember Crain introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 86-517
REDUCING DEVELOPMENT BOND
MISSION TRAILS ADDITION (85091)
WHEREAS, in accordance with the development contract dated September 18, 1985,
Lundgren Brothers Construction, Inc., developer of Mission Trails Addition (85091)
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:
0 ITEM
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard and Drainage Swa'.e Sod
Pond or Ditch Construction
Street Signs
Site Grading and Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
ORIGINAL AMOUNT NEW AMOUNT
$ 69,500
$13,900
53,500
-0-
45,700
-0-
29,000
500
6,000
6,000
-0-
-0-
600
600
-0-
-0-
5,892
5,892
25.223
3.227
$235,415 $30,119
That the letter of credit required for the above items be reduced as detailed above
from $98,708 to $30,119 to reflect the completed work.
FURTHER BE IT RESOLVED that the bonding requirements for the following items per
Section 8.1 of the approved development contract be reduced as follows:
ITEM
Maintenance of Erosion and
Sediment Control Plan,
Street Sweeping and Storm
Sewer Cleaning
ORIGINAL AMOUNT NEW AMOUNT
Included in Grading Permit
No. 85701090
Resolution No. 86-517
Page Two
FURTHER BE IT RESOLVED that the sanitary sewer, watermain and storm sewer
construction is accepted as of August 25, 1986 for continual maintenance subject to
the one year guarantee by the developer.
i
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: yor----Schneider, Councilmembers Crain, Vasiliou, and
Zitur
The following voted against or abstained: none
Whereupon the Resolution vaa declared duly passed and adopted.