HomeMy WebLinkAboutCity Council Resolution 1988-667CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a rPg„1ar meeting of the City Council of
the City of Plymouth, Minnesota was held on the Ira day of p,ct.h-x ,
1988. The following members were present: Mayor Schneider. Counci me he G Vacilin, ,
Rirkpr - 7i trnr and Si Q4 -
The following members were absent: None
Councilmember Sisk introduced tii following Resolution and moved its
adoption:
RESOLUTION NO. 88-667
REDUCING DEVELOPMENT BOND
ARMSTRONG RIDGE ADDITION (80011)
WHEREAS, in accordance with the development contract dated July 19, 1982, Ridge
Development, developer of Armstrong Ridge Addition (80011), 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:
WW
Street Construction $
Sanitary Sewer
Watermain
Storm Sewer
Boulevard and Drainage Swale Sod
Pond or Ditch Construction
Street Signs (Pd. per Tom Vetsch)
Street Sweeping and Storm Sewer Cleaning
Maintenance of Erosion and Sediment
Control Plan
Site Grading and Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
43,155
$ -0-
15,328
-0-
25,550
-0-
15,260
-0-
3,200
-0-
-0-
-0-
300
-0-
1,500
-0-
500 -0-
50,000 4,000
-0- -0-
18.515 480
$ 173,368 $4,480
That the letter of credit required be reduced front $25,356 to $4,480 to reflect the
completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
C'ouncilmemhnr 74t,.r , and upon vote being taken thereon, the following voted
in favor thereof: Mavor Schneider. Councilmemhers Vaailirni, Rirkurt 7jr-r
and Sisk
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.