HomeMy WebLinkAboutCity Council Resolution 1986-708CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota was herr mn the 20th day
of October , 1986. The following members were present:
Mayor c ne er, Councilmembers Crain, Sisk, Vasiliou, and Ziturr
The following members were absent: none
Councilmember Zitur introduced the following Resolution and moved
its adoption:
RESOLUTION NO. "-708
REDUCING DEVELOPMENT BOND
FOX FOREST 2ND ADDITION (80045)
WHEREAS, in accordance with the development contract dated September 26, 1984,
Cheyenne Land Company, developer of Fox Forest 2nd Addition (80045) 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 =a CITY OF
PLYMOUTH that the bonding requirements are reduced as follows:
ITEM
Street Construction (Private)
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 and Drainage Improvements
Maintenance of Erosion and
ORIGINAL AlaOR[ =ANotq !
$ 55,700
28,300
40,100
22,700
8,200
-0-
300
2,000
9,800
-0-
Sediment Control Plan 2,000
Design, Administration, Inspection, As-Builts 20.292
TOTAL
$ -0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
$189,392 $ -0-
That the letter of credit required be reduced from $3,920 to $0 (sero) to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Sisk , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Schneider_ P1ufincilmsmberz Crain,
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.