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HomeMy WebLinkAboutCity Council Resolution 1990-512CITY OF PLYMOUTH Pursuant to due call and notice thereof, a reguIar meeting of the City Council of the City of Plymouth, Minnesota was held on the 20th day of August 1990. The following members were present: Mavor Gera;man, CuunrilmcmhVrS _ Helliwell, Ricker, Vasiliou, and Zitur The following members were absent: None. Councilmember ?.iter introduced the following Resolution and moved its adoption: RESOLUTION NO. 90- 512 REDUCING DEVELOPMENT BOND ISAIAH ADDITION (84070) WHEREAS, in accordance with the development contract dated February 12, 1085, Sheldon Schwartz and Patricia Ann Schwartz, developer of Isaiah Addition (84070), 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 Site Grading and Drainage Improvements Park and Trail Improvements Design, Administration, Inspection, As-Builts TOTAL $ -0- S -0- -0- -0- -0- -0- -0- -0- 1,400 -0- -0- -0- -0- -0- (Grading Permit Issued) -0- 16 8 -0- _-0 S 1,568 $ -0- That the letter of credit required for the above items be reduced as detailed above from $448 to $0 (zero) to reflect the completed work. The motion for the adoption of the foregoing Resolution wag duly seconded by 'Councilmember Helliwell , and upon vote being taken thereon, the following voted in favor thereof: Mavor Bergman, Councilmembers Helliwell. Ricker, Vasiliou- , The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted.