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HomeMy WebLinkAboutCity Council Resolution 1988-167CITY 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 March , 1988. The following members were present: , Mayor Schneider, Councilmembers Vasiliou. Ricker, Zitur and Sisk The following members were absent: None Councilmember Sisk introduced the following Resolution and moved its adoption: RESOLUTION NO. 88-167 REIMBURSING DEVELOPER FOR REQUIRED STREET CONSTRUCTION SILVERTHORNE 3RD ADDITION (87009 ) WHEREAS, the City of Plymouth and Raymond L. Laurent and Jeanne A. Laurent have entered into a development contract dated April 20, 1987 for the development of Silverthorne 3rd Addition; and WHEREAS, as part of this development the developer was required to construct one half of Schmidt Lake Road (26 feet wide). through the Silverthorne Additions in order to conform with the City of Plymouth's overall Thoroughfare Guide Plan; and WHEREAS, it is the policy of the City of Plymouth to reimburse developers for the required street construction as provided for in the development contract; and WHEREAS, this amounts $67,664.75; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: That the developer, Raymond L. Laurent and Jeanne A. Laurent, is to be reimbursed in the amount of $67,664.75 for required street construction based on the alignment in the approved construction plans and in accordance with Section 2.1b in the development contract. BE IT FURTHER RESOLVED that the funds be allocated from the Municipal State Aid Fund. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember 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.