HomeMy WebLinkAboutCity Council Resolution 1986-551CITY 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: Mayor Schneider,
Councilmembers Crain, Sisk, Vasiliou, and 7itur
The following members were absent: none
Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86-551
REDUCING DEVELOPMENT BOND
BASS LAKE HEIGHTS 3RD ADDITION (83008)
WHEREAS, in accordance with the development contract dated August 28, 1984, BLH
Development Company, developer of Bass Lake Heights 3rd Addition (83008) has
agreed to install certain improvements for said development; and
WHEREAS, the developer has completed P 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 System
It Watermain System
Storm Sewer System
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
32,585
$ -0-
22,838
-0-
19,758
-0-
8,130
-0-
3,800
3,800
-0-
-0-
300
300
2,000
2,000
2,000
2,000
42,000
-0-
-0-
-0-
16,009
972
$ 149,420 $ 9,072
That the letter of credit required be reduced from $17,685 to $9,072 to reflect
the completed work.
FURTHER BE IT RESOLVED that the street construction and concrete curb and
gutter is accepted as of September 8, 1986 for continual maintenance subject to
the one year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Cotmcilmember Zitur , and upon vote being taken thereon, the
fullowing 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.