Loading...
HomeMy WebLinkAboutCity Council Resolution 1986-825CITY OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota was held on the 15th day . of December 1986. The following members were present: Mayor 5Chn ouncilmembers Crain, Sisk, Vasiliou, and Zitur The following members were absent: none Councilmember Sisk introduced the following Resolution and moved its adoption: RESOLUTION NO. 86-825 REDUCING DEVELOPMENT BOND OXBOW RIDGE ADDITION (81035) WHEREAS, in accordance with the development contract dated May 17, 1982, Richard J. Dezeil and Irene T. Dezeil, developer of Oxbow Ridge Addition (81035) 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 $ -0- $ -0- Sanitary Sewer -0- -0- Watermain -0- -0- Storm Sewer -0- -0- Boulevard and Drainage Swale Sod 5,200 400 Pond or Ditch Construction -0- -0- Street Signs 300 -0- Street Sweeping and Storm Sewer Cleaning 1,000 500 Park and Trail Improvements -0- -0- Site Grading and Drainage Improvements 4,000 -0- Maintenance of Erosion and Sediment Control Plan 1,000 -0- Deaign, Administration, Inspection, As-Builts 1,380 100 TOTAL $ 12,880 $ 1,000 That the letter of credit required for the above items be reduced as detailed above from $12,880 to $1,000 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by Councilinember 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.