HomeMy WebLinkAboutCity Council Resolution 1986-788CITY 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:
ob Mayor Schneider. Councilmembers Crain. Sisk. Vasiliou, and Zitur
The following members were absent: Hone
Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86-788
REDUCING DEVELOPMENT BOND
ROLLING HILLS PARK (83059)
WHEREAS, in accordance with the development contract dated July 19, 1984,
revised August 21, 1984, Enterprise Properties, developer of Rolling Hills
Park (83059) 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
$124,910
$ -0-
Sanitary Sewer
73,020
-0-
Watermain
67,225
-0-
Storm Sewer
22,405
-0-
Boulevard and Drainage Swale Sod
10,000
-0-
Pond or Ditch Construction
-0-
-0-
Street Signs
600
-0-
Street Sweeping and Storm Sewer Cleaning
2,000
-0-
Park and Trail Improvements
1,620
-0-
Site Grading and Drainage Improvements
52,000
-0-
Maintenance of Erosion and
Sediment Control Plan
2,000
-0-
Design, Administration, Inspection, As-Builts 42,694
-0-
TOTAL
$398,474
$ -0-
That the letter of credit required for the above items be reduced from $5,600
to $0 (zero) 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. Councilmembers Crain,
. Sisk. Vasiliou. and Zitur
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.