HomeMy WebLinkAboutCity Council Resolution 1987-798CITY 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 7th day of December
1987. The following members were present: Mayor Schneider, Councilmembers Vasi iou
Zitur, Crain and Sisk '
The following members were absent: None
Councilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 87-798
REDUCING DEVELOPMENT BOND
CREEKWOOD HILLS 3RD ADDITION (A-648)
WHEREAS, in accordance with the development contract dated May 1, 1984, Creekwood Hills
Ventures, developer of Creekwood Hills 3rd 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:
STEM
OIRIGINAL AMMM
NEY AMOUNT
Street Construction
$ 54,221
$ -0-
Sanitary Sewer
46,970
-0-
Watermain
37,983
-0-
Storm Sewer
68,412
-0-
Boulevard and Drainage Swale Sod
9,600
1,000
Pond or Ditch Construction
-0-
-0-
Street Signs
450
-0-
Street Sweeping and Storm Sewer Cleaning
2,000
400
Park and Trail Improvements
4,800
-0-
Site Grading and Drainage Improvements
25,000
-0-
Maintenance of Erosion and
Sediment Control Plan
2,000
-0-
Design, Administration, Inspection, As -Built@ 3Q.. 7z
168
TOTAL
$ 281,608
$1,568
That the letter of credit required be reduced
from $13,048 to $1,568
to reflect the
completed work.
The motion for the adoption of the foregoing
Resolution was duly seconded by
Councilmember Zitur , and upon vote being take thereon, the follow ns vQ ted
'favor Vasiliou,
in thereof: Mayor Schneider, Councilmembers
Zitur,
Crain ani SisK