HomeMy WebLinkAboutCity Council Resolution 1987-765CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a reaUla r meeting of the City Council of
the City of Plymouth. Minnesota was held on theloth day of November
1987. The following members were present: Mayor Schneider. Councilmembers Vasiliou ,
The following members were absent: Co-Incilmember Zitur
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rn.,..vilmomher Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 87- 705
REDUCING DEVELOPMENT BOND
BASS LAKE HEIGHTS ADDITION (83008)
WHEREAS, in accordance with the development contract dated February 23, 1984, BLH
Development Company, developer of Bass Lake Heights Addition, (83008), 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 Mork;
NOW, THERZYME, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA; that the bonding requirements are reduced as follows:
E 1'
Street Construction
Sanitary Sewer
Watermain
Store Sewer
Boulevard Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Store Sewer Cleaning
Maintenance of Erosion and
Sediment Control Plan
Site Grading and Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
$ 67,070
$ -0-
58,128
-0-
45,395
-0-
57,343
-0-
9,400
-0-
-0-
-0-
450
-0-
2,000
1,000
2,000
2,000
44,820
-0-
-0-
34.393
-0-
_0_
$ 320,999 $ 3,000
That the letter of credit required be reduced from $5,650 to $3,000 to reflect the
completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
C_ouncilmembe_r Masiliou , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Schneider, Councilmembers Vasiliou, Crain and Sisk
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.
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