HomeMy WebLinkAboutCity Council Resolution 1987-298CITY 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 4th day
of May 1987. The following members were present,
Schneider,
ounce m rs Crain, Sisk, VaSiliOu and Zitur
The following members were absent: none
Cou_ncilmember Crain introduced the following Resolution and moved
its adoption:
RESOLUTION N0. 87- 298
REDUCING DEVELOPMENT BOND
OXBOW RIDGE ADDI-fTON (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 $
Sanitary Sever
Watermain
Storm Sever
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
Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
-0-
$ -0-
-0-
-0-
-0-
-0-
-0-
-0-
5,200
400
-0-
-0-
300
-0-
1,000
100
-0-
-0-
4,000
-0-
1,000 -0-
1,380 -0-
$ 12,880 $ 500
That the letter of credit required for the above items be reduced as detailed
above from $1,000 to $500 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, Councilmembers Crain,
Sisk, Vasiliou and Zitur
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.
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