HomeMy WebLinkAboutCity Council Resolution 1988-802CITY 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 November ,
1988. The following members were present: Mayor Schneider, Coun ilmemhers Van1liou_,
Ricker. Zitur and Sisk
The following members were absent: Nnna
CnnnrilmPmhPr Yiritr introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 88-802
REDUCING DEVELOPMENT BOND
EVONNE'S LAKEVIEW ADDITION (A-819)
WHEREAS, in accordance with the development contract dated May 21, 1979, Edward T.
Johnston, developer of Evonne's Lakeview Addition (A-819), 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:
F"A
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Erosion Control
Site Grading
Larch Lane Improvement
Design, Administration, Inspection, As-Builts
TOTAL
$ 66,900
$ -0-
44,500
-0-
38,300
-0-
14,800
-0-
6,200
-0-
1,000
-0-
750
-0-
1,500
-0-
1,500
-0-
34,000
-0-
23,303
25.134
-0-
_-00-
$ 257,887
$ -0-
That the letter of credit required for the above items be reduced as detailed above
from $1,000 to $0 (zero) to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Cnun ilmPmhPr Dick , and upon vote being taken thereon, the following voted
in favor thereof: Maynr SchnPidpr, Counrilmeml_+ers Vasiliou, i kers Zitur and Sisk ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.