HomeMy WebLinkAboutCity Council Resolution 1987-264CITY 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 20th day
of April , 1987. The following, members were present: Mayor Schneider,
Councimem ers Crain, Sisk, Vasiliou and Zitur
The following members were absent: nine
Councilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 87- 264
REDUCING DEVELOPMENT BOND
JAMESTOWN ADDITION (84024)
WHEREAS, in accordance with the development contract dated Julv 18, 1984, Centex
Homes Corporation, developer
of Jamestown Addition
(84024),
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:
ORIGINAL
AMOUNT
Public
Public
Project
Original
Phase I
Phase II
Private
412
Total
Item
Street Construction
$ 46,136
$ 51,864
$ -0-
$26,553
$124,553
Sanitary Sewer
35,280
62,720
-0-
18,272
116,272
Watermain
58,080
62,920
-0-
14,313
135,313
Storm Sewer
16,500
33,500
-0-
10,475
60,475
Boulevard & Drainage
Swale Sod
-0-
-0-
20,000
-0-
20,000
Pond or Ditch Construction
-0-
-0-
-0-
-0-
-0-
Street Signs
225
225
-0-
-0-
450
St. Swpng. & St. Sewer Cing
1,000
1,000
-0-
-0-
2,000
Park and Trail Improvements
-0-
3,600
4,400
-0-
8,000
Site Grdng & Drainage Imp.
-0-
-0-
143,000
-0-
143,000
Maint. of Erosion & Sediment
Control Plan
-0-
-0-
2,000
-0-
2,000
Design, Administration,
Inspection, As-Builts
18,867
25,899
20,328
-0-
65,094
ORIGINAL TOTAL
$176,088
$241,728
$189,728
$ 69,613
$677,157
RESOLUTION N0. 87- 264
Page Two
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 dully passed and adopted.
NEW AMOUNT
Public
Public
Project
New
Phase I
Phase II
Private
412
Total
Street Construction
$ -0-
$ 500
$ -0-
$ -0-
$ 500
Sanitary Sewer
-0-
-0-
-0-
-0-
-0-
Watermain
-0-
-0-
-0-
-0-
-0-
Storm Sewer
-0-
-0-
-0-
-0-
Blvd. & Drainage Swale Sod
-0-
-0-
4,400
-0-
4,400
Pond or Ditch Const.
-0-
-0-
-0-
-0-
-0-
Street Signs
225
225
-0-
-0-
450
St. Swpng. & St. Sewer Cing.
1,000
1,000
-0-
-0-
2,000
Park & Trail Improvements
-0-
1,800
2,200
-0-
4,000
Site Grdng. & Drainage Imp.
-0-
-0-
-0-
-0-
-0-
Maint. of Erosion & Sediment
Control Plan
-0-
-0-
2,000
-0-
2,000
Design, Adm., Insp.
As-Builts
147
423
1,032
-0-
1,602
REVISED TOTAL
$ 1,372
$ 3,948
$ 9,632
$ -0-
$ 14,952
That the letter of credit required be
reduced from
$127,991
to $14,952
to reflect
the completed work.
FURTHER BE IT RESOLVED: That
the public
street and concrete
curb and
gutter
construction in Phase II (per
attached
map) is accepted for
continual
maintenance
as of April 20, 1987, subject
to the one year guarantee by the developer.
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 dully passed and adopted.
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