HomeMy WebLinkAboutCity Council Resolution 1988-459CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of the City Council of
10 the Ci�y of Plymouth, Minnesota was held on the 1st day of August
1988. The following members were present: Mayor Schneider, councilmembers Va ilio ,
Ricker. Zitur and Sisk
The following members were absent: None
Councilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 88-459
REDUCING DEVELOPMENT BOND
CEDAR RIDGE PLAT TWO (A-813)
WHEREAS, in accordance with the development contract dated August 29, 1980, B -T Land
Company, developer of Cedar Ridge Plat Two (A-813), 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 TT HEREBY RESOLVED BY THE CITY COUNCIL rF THE CITY OF PLYMOUTH,
MINNESOTA; that the bonding requirements are reduced as follows:
TE
Street Construction
ORIGINAL AMOUNT
$ 61,680
NEW AMOUNT
$ -0-
Sanitary Sewer
12,725
-0-
Watermain
41,328
-0-
Storm Sewer
27,500
-0-
Boulevard and Drainage Swale Sod
10,200
800
Pond or Ditch Construction
500
-0-
Street Signs
450
-0-
Street Sweeping and Storm Sewer Cleaning
1,500
200
Erosion Control
1,500
-0-
Site Grading and Drainage Improvements
5,000
-0-
Park and Trail Improvements
1,500
-0-
Boulevard Trees
1,300
-0-
Design, Administration, Inspection, As-Builts
19-822
120
TOTAL
$ 185,005
$ 1,120
That the letter of credit required for the above items be reduced as detailed above
from $4,000 to $1,120 to reflect the completed work.
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.