HomeMy WebLinkAboutCity Council Resolution 1987-413CITY 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 schneMer, Councilmembers Crain, Sisk, Zitur and Vas T ou
The following members were absent: none
Councilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 87- 413
REDUCING DEVELOPMENT BOND
JAMESTOWN ADDITION (84024)
WHEREAS, in accordance with the development contract dated July 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 she 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
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard b Drainage
Swale Sod
Pond or Ditch Construction
Street Signs
St. Swpng. 6 St. Sewer Cing
Park and Trail Improvements
Site Grdng b Drainage Imp.
Maint. of Erosion b Sediment
Control Plan
Design, Administration,
Inspection, As-Builts
ORIGINAL TOTAL
ORIGINAL AMOUNT
Public
Public
Project
Original
Phase I
Phase II
Private
412
Total
$ 46,136
$ 51,864
$ -0-
$26,553
$124,553
35,280
62,720
-0-
18,272
116,272
58,080
62,920
-0-
14,313
135,313
16,500
33,500
-0-
10,475
60,475
-0-
-0-
20,000
-0-
20,000
-0-
-0-
-0-
-0-
-0-
225
225
-0-
-0-
450
1,000
1,000
-0-
-0-
2,000
-0-
3,600
4,400
-0-
8,000
-0-
-0-
143,000
-0-
143,000
-0-
-0-
2,000
-0-
2,000
18,867
25,899
20,328
-0-
65,094
$176,088
$241,728
$189,728 $
69,613
$677,157
RESOLUTION NO. 87- 413
Page Two
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Blvd. & Drainage Swale Sod
Pond or Ditch Const.
Street Signs
St. Swpng. b St. Sewer Cing.
Park 6 Trail Improvements
Site Crdng. & Drainage Imp.
Maint. of Erosion b Sediment
Control Plan
Design, Adm., Insp.
As-Builts
REVISED TOTAL
NEW AMOUNT
Public
Public
Project
New
Phase I
Phase II
Private
412
Total
$ -0-
$ -0-
$ -0- $
-0-
$ -0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
400
-0-
400
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
500
500
-0-
-0-
1,000
-0-
800
1,000
-0-
1,800
-0-
-0-
-0-
-0-
-0-
-0-
-0-
2,000
-0-
2,000
60
156
408
-0-
624
$ 560
$ 1,456
$ 3,808 $
-0-
$ 5,824
That the letter of credit required be reduced from $14,952 to $5,824 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 dully passed and adopted.