HomeMy WebLinkAboutCity Council Resolution 1988-028CITY 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 4th day of January
1988. The following members were present: Mayor Schneider, Councilmembers Vasiliou
girkgr_ Zitur and Sisk
The -following members were absent: None
cmincitmemher Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 88-28
REDUCING DEVELOPMENT BOND
DEERWOOD ESTATES ADDITION (A-784)
WHEREAS, in accordance with the development contract dated July 2, 1981, Parklands
Development, developer of Deerwood Estates Addition (A-784), 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
Sanitary Sewer
Watermain
Storm Sewer
Boulevard Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Maintenance of Erosion and Sediment Control
Site Grading and Drainage Improvements
Park and Trail Improvements
Plan
Design, Administration, Inspection, As-Builts
TOTAL $
$ 100,672
$ -0-
98,596
-0-
52,533
-0-
27,302,
-0-
9,200
-0-
7,000
-0-
600
-0-
2,000
-0-
2,000
-0-
57,000
-0-
-0-
-0-
399,731 $ -0-
That the letter of credit required be reduced from $1,120 to $0 (zero) to reflect the
completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Geunrilmemher Zitur , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Schneider, Councilmembers Vasiliou, Ricker, Zitur and Sisk
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.