HomeMy WebLinkAboutCity Council Resolution 1987-410CITY 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 June , 1987. The following members were present:
Mayor c nei er, Councilmembers Crain, Sisk, Zitur and Vasiliou
The tollowing members were absent: none
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Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 87- 410
REDUCING DEVELOPMENT BOND
DEERHAVEN SECOND ADDITION (81011)
WHEREAS, in accordance with the development contract dated January 2, 1982,
Lowry Hills Construction, developer of Deerhaven Second Addition (81011) 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:
I_TEM ORIGINAL AMOUNT NEW AMOUNT
Street Construction (Public)
$ 53,000
$ -0-
Street Construction (Private)
25,600
-0-
Sanitary Sewer
80,440
-0-
Watermain
54,700
-0-
Storm Sewer
21,400
-0-
Boulevard and Drainage Swale Sod
8,800
5,000
Pond or Ditch Construction
-0-
-0-
Street Signs
300
-0-
Street Sweeping and Storm Sewer Cleaning
2,000
1,000
Park and Trail Improvements
11,000
-0-
Maintenance of Erosion and
Sediment Control Plan
5,000
2,000
Site Grading and Drainage Improvements
45,000
3,000
Design, Administration, Inspection, As-Builts
36,869
11000
TOTAL
$344,109
$ 12,000
That the letter of credit required be reduced from $21,000 to $12,000 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, Zitur and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.