HomeMy WebLinkAboutCity Council Resolution 1988-585CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a special meeting of the City Council of
the City of Plymouth, Minnesota was held on the 13th day of September ,
1988. The following members were present: _ Ma=r Schneiders Crnmc;lmr-mhPrsyae;I;n„ ,
Ricker and Zitur
The following members were absent: Councilmember Sisk
Councilmember Zitur introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 88- 585
REDUCING DEVELOPMENT BOND
HUMPHREY ESTATES ADDITION (82024)
WHEREAS, in accordance with the development contract dated July 26, 1983, Ecklund-
Swedlund Homebuilders, Inc., developer of Humphrey Estates Addition (82024), 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 and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Park and Trail Improvements
Maintenance of Erosion and
Sediment Control Plan
Site Grading and Drainage Improvements
Design, Administration, Inspection, As-Builts
TOTAL
$ -0-
$ -0-
-0-
-0-
-0-
-0-
-0-
-0-
4,200
600
-0-
-0-
450
-0-
1,009
200
-0-
-0-
1,000 200
20,500 -0-
3,258 -0-
$30,408 $1,000
That the letter of credit required be reduced from 4,000 to $1,000 to reflect the
completed work.
The motion for the adoption of the foregoink Resolution was duly seconded by
Councilmember Ricker , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Schneider, Councilmembers Vasiliou, Ricker and Zitur ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.