HomeMy WebLinkAboutCity Council Resolution 1987-797CITY OF PLYMOUTH
IF Pursuant to due call and notice thereof, a regular - meeting of the City Council of
the City of Plymouth, Minnesota was held on the 7th day of December ,
1987. The following members were present: Mayor Schneider, Councilmembers Vasiliou ,
Zitur, Crain and Sisk
The following members were absent: None
Councilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 87-797
REDUCING DEVELOPMENT BOND
CREEKWOOD HILLS 2ND ADDITION (A-648)
WHEREAS, in accordance with the development contract dated January 4, 1984, Universal
Land Corporation, developer of Creekwood Hills 2nd Addition (A-648) 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,
MINNESOTA; that the bonding requirements are reduced as follows:
0
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Site Grading and Drainage Improvements
Park and Trail Improvements
Street Sweeping and Storm Sewer Cleaning
Maintenance of Erosion and
Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
$ 82,852
$ -0-
54,750
-0-
55,027
-0-
27,655
-0-
9,600
400
-0-
-0-
750
-0-
10,000
-0-
-0-
-0-
2,000
400
2,000
29,356
-0-
_9
$ 273,990
$ 896
That the letter of credit required be reduced as detailed above from $9,296 to $896 to
reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Co,ouncilmemher Zitur_ , and upon vote being taken thereon, the following voted
in favor thereof: Mayor SchneideX. Councilmembers Vasiliou, Zitur. Crain and Sisk ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.