HomeMy WebLinkAboutCity Council Resolution 1986-550CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a special meeting of the City
Council of the City of Plymouth, Minnesota was held on the 8th day
of September 1986. The following members were present; lofdyor Schneider,
Counci members rain, Sisk, Vasiliou, and Zitur
The following members were absent: none
Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86- 550
REDUCING DEVELOPMENT BOND
ROBERT MIDDLEMIST 6TH ADDITION (81041)
WHEREAS, in accordance with the development contract dated April 30, 1984,
Elmer W. Robeck, Patricia M. Robeck, Robert E. Middlemist, Jr. and Merry
Middlemist, developer of Robert Middlemist 6th Addition (81041) 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
$ 33,180
$33,180
Sanitary Sewer
50,789
-0-
Watermain
35,258
-0-
Storm Sewer
7,674
-0-
Boulevard and Drainage Swale Sod
5,200
1,000
Pond or Ditch Construction
-0-
-0-
Street Signs
150
-0-
Street Sweeping and Storm Sewer Cleaning
2,000
1,000
Park and Trail Improvements
-0-
-0-
Site Grading and Drainage Improvements
32,150
-0-
Maintenance of Erosion and
Sediment Control Plan
1,000
1,000
Design, Administration, Inspection, As-Builts
20,088
4,342
TOTAL
$187,489 $
40,522
That the letter of credit required be reduced
from $46,514 to $40,522
to
reflect the completed work.
FURTHER BE IT RESOLVED that the Irrevocable Letter
of Credit No.
351 in the
amount of $10,000 for grading, resodding and
reseeding be reduced
to $5,000 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, Councilmember% Crain, Sisk,
Vasiliou, and Zitur
The following voted against or abstained:
none
Whereupon the Resolution was declared duly passed and adopted.