HomeMy WebLinkAboutCity Council Resolution 1990-174CITY 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 26th day of February ,
1990. The following members were present: Mayor Bergman. CoUncilmembers Helliwell -
Ricker,
lliw ll -Ricker. Vasiliou. and Zitur
The following members were absent: None
Councilmember Vasil ou introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 90- 174
REDUCING DEVELOPMENT BOND
KUECHLE ADDITION (89033)
WHEREAS, in accordance with the development contract dated February 14, 1990, Kuechle
Construction Company, developer of Kuechle Addition (89033), 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 (excluding Proj. No. 947)
Sanitary Sewer
Watermain
Storm Sewer (excluding Proj. No. 947)
Boulevard and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Site Grading and Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
$ -0-
$ -0-
4,100
-0-
2,600
-0-
-0-
-0-
1,000
1,000
-0-
-0-
150
150
3,400
3,400
-0-
1.350
-0-
546
$ 12,600
$ 5,096
That the letter of credit required for the above items be reduced as detailed above
from $12,600 to $5,096 to reflect the completed work.
Resolution No. 90-174
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:
ITEM
ORIGINAL AMOUNT NEW AMOUNT
Maintenance of Erosion
and Sediment Control Plan
Street Sweeping and Storm
Sewer Cleaning
Cash: $1,000 $1,000
Letter of Credit: $4,354 $4,354
FURTHER BE IT RESOLVED that the sanitary sewer, and watermain construction is accepted
for continual maintenance as of February 26, 1990, subject to the One Year Guarantee by
the Developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Qunrilmemher 7.i , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Rar ten. Cniinri lmamhers tial 1 ivnl l s Ricker, 11.aj i j-js
and 7_itur
The following voted against or abstained: NQnp
Whereupon the Resolution was declared duly passed and adopted.