HomeMy WebLinkAboutCity Council Resolution 1986-522CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a t AriAl meeting of the City
Council of the City of Plymouth, Minnesota was geld on the 25th day
of August , 1986. The following members were present: Mater Schneider,
ounce me ers rain, Vasiliou, and Zitur
The following members were absent: Councilmember Sisk
Councilmember Crain introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86-522
REDUCING DEVELOPMENT BOND
THE VILLAGES ADDITION (83061)
WHEREAS, in accordance with the development contract dated April 18, 1984,
Roger A. Fazendin, Margaret C. Fazendin, Daniel C. Fazendin and Lynn M.
Fazendin, developer of The Villages Addition (83061) 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
Park and Trail Improvements
Site Grading
Maintenance of Erosion and
Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
$ 61,000
$ -0-
104,000
-0-
39,000
-0-
10,000
-0-
6,000
-0-
-0-
-0-
150
-0-
2,000
-0-
-0-
-0-
40,000
-0-
2,000
-0-
31,698
-0-
$295,848
$ -0-
That the letter of credit required be reduced from $8,008 to $0 (Zero) 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,
. Vasiliou, and Zitur
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.
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