HomeMy WebLinkAboutCity Council Resolution 1986-786CITY 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 24th day
. of November , 1986. The following members were present:
Mayor chnei er, Councilmembers Crain, Sisk, Vasiliou, and Zitur
The following members were absent: none
Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86-786
REDUCING DEVELOPMENT BOND
ROBERT MIDDLEMIST 6TH ADDITION (81041)
WHEREAS, in accordance with a construction agreement dated September 30, 1986,
Robert E. Middlemist, Jr. 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 storm sewer and site
restoration as noted below; and
WHEREAS, the developer has requested a reduction of the development bond posted
per Resolution No's 86-625 and 86-689 to reflect the completed work;
NOW, THEREFORE, BE IT HEREBY FESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH that the bonding requirements are reduced as follows:
10 ITEM ORIGINAL AMOUNT NEW AMOUNT
Street Construction $ 12,000 * $ -o-
Includes constructing storm sewer on
South side of Co. Rd. #9, backfilling
and restoration on top of storm storm
sewer, and regrading back yard at
10930 43rd Ave. No.
That the letter of credit required (No. 369) be reduced from $12,000 to $0
(zero) to reflect the completed work as noted above and is hereby released.
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, Sisk,
Vasiliou, and Zitur
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.