HomeMy WebLinkAboutCity Council Resolution 1987-799CITY 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 Vasiliou
7itii Crain and Sisk
The following members were absent: None
Councilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 87- 799
REDUCING DEVELOPMENT BOND
GLEN ECHO PONDS (84006)
WHEREAS, in accordance with the development contract dated May 30, 1984, Lyman Lumber
Company, Dennis D. Gonyea and Frances Ann Gonyea, developer of Glen Echo Ponds (84008),
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:
Street Construction $ 77,300 $ -0-
Sanitary Sewer 58,100 -0-
Watermain 55,900 -0-
Storm Sewer 58,800 -0-
Boulevard and Drainage Swale Sod 8,500 900 (comm. 500
Res. 400)
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Site Grading and Drainage Improvements
Maintenance of Erosion and
Sediment Control Plan
Park and Trail Improvements
Design, Administration, Inspection,
As -Built*
TOTAL
-0-
-0-
300
-0-
2,000
200
47,000
-0-
2,000 200
8,200 -0-
38_ 172 -Jib
$ 356,272 $ 1,456
That the letter of credit required be reduced from $12,096 to $1,456 to reflect the
completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
ouncilmember Ziturand upon vote being taken thereon, the followins voted
in favor thereof: INaYor Sc neider, Councilmembers Vasiliou, Zitur, Crain and Sisk
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.
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