HomeMy WebLinkAboutCity Council Resolution 1986-627CITY 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 29th ;!.ay
of September , 1986. The following members were present: _
Mayor Schneider, Councilmembers Crain, Sisk, Vasiliou, and Zitur
The following members were absent: none
Councilmember Crain introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86-627
REDUCING DEVELOPMENT BOND
MERRY MIDDLEMIST ADDITION (81055)
WHEREAS, in accordance with the development contract dated January 13, 1983,
Beverly H. Lillyblad, Duane Lillyblad, Helen M. Fries, Robert Middlemist, Jr.
and Merry Middlemist, developer of Merry Middlemist Addition (81055) 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 Sock
Pond or r,,itch 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
$ 42,750
$ -0-
22,450
-0-
0-22,250
22,250
-0-
5,675
-0-
4,400
-0-
-0-
-0-
150
-0-
1,000
-0-
3,000
-0-
15,000
-0-
-0-
-0-
14,001
-0-
$ 130,676 $ -0-
That the letter of credit required previously reduced to $4,275 be further
reduccd to $0 (zero) to reflect the completed work. Letter of Credit No. 400
is hereby released.
The motion for the adoption of the foregoing Resolution was duly seconded by
Counf:lmember Zitur , and upon vote being taken thereon, the
following 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.