HomeMy WebLinkAboutCity Council Resolution 1988-822CITY 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 21st day of _ November_
198b. 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- 822
REDUCING DEVELOPMENT BOND
WIND RIDGE AT BASS LAKE 6TH ADDITION (85049)
WHEREAS, in accordance with the development contract dated March 2, 1987, Kevin
Kuechle, DBA Kuechle Construction Company, developer of Wind Ridge at Bass Lake 6th
Addition (85049), 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 belo-i; 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 $ lt,700 $ -0-
Sanitary Sewer 14,000 -0-
Watermain 13,200 -0-
Storm Sewer 8,500 -0-
Boulevard and Drainage Swale Sod 1,600 600
Pond or Ditch Construction -0- -0-
Street Signs -0- -0-
Site Grading and Drainage Improvements 15,600 -0-
Park and Trail Improvements -0- -0-
Design, Administration, Inspection, As-Builts 8,592 —12
TOTAL $ 80,192 $ 672
That the letter of credit required for the above items be reduced as detailed above
from $10,080 to $672 to reflect the completed work.
Resolution No. 88- 822
Page Two
FURTHER BE IT RESOLVED that the bonding requirements for the following items per
Section 8.1 of the approved development contract be reduced as follows:
fiaDIY 3(t)RIA JUNN141115
Maintenance of Erosion
and Sediment Contro: Plan
Street Sweeping and Storm
Sewer Cleaning Cash: $1,000 $1,000
Letter of Credit: $8,900 $2,250
FURTHER BE IT RESOLVED that the street construction and concrete curb and gutter is
accepted for continual maintenance as of November 21, 1988, subject to the One Year
Guarantee by the Developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Zitur , eid upon vote being taken thereon, the following voted
in favor thereof: Mayor Schneider, Councilmembers Vasilinu- RivkPr, Zirnr ,
and Sisk
The following voted against or abstained: ___NQne
Whereupon the Resolution was declared duly passed and adopted.