HomeMy WebLinkAboutCity Council Resolution 1990-605CITY 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 24th _ day of September ,
1990. The following members were present: Mayor Bergman. Councilmembers Helliwell ,
Ricker. Vasiliou. and Zitur
The following members were absent: _ None
Councilmember Zitur introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 90- 605
REDUCING DEVELOPMENT BOND
SHILOH PINES ADDITION (88025)
WHEREAS, in accordance with the development contract dated March 6, 1989, Nina W.
Wildman and B & H Supply, Inc., developer of Shiloh Pines Addition (88025), 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 $ 27,142 $ -0-
Sanitary Sewer 22,040 -0-
Watermain 15,965 -0-
Storm Sewer 15,456 -0-
Boulevard and Drainage Swale Sod 2,200 2,200
Pond or Ditch Construction -0- -0-
Street Signs 300 300
Site Grading and Drainage Improvements 65,000 650
Park and Trail Improvements -0- -0-
Design, Administration, Inspection, As-Builts 17.772 378
TOTAL
$ 165,875 $ 3,528
That the letter of credit required for the above items be reduced as detailed above
from $23,047 to $3,528 to reflect the completed work.
Resolution No. 90- 605
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
Maintenance of Erosion
and Sediment Control Plan
Street Sweeping and Storm
Sewer Cleaning Cash:
Letter of Credit:
ORIGINAL AMOUNT NEW AMOUNT
$1,000 $1,000
$10,600 $10,600
FURTHER BE IT RESOLVED that the sanitary sewer, watermain, storm sewer, street
construction and concrete curb and gutter is accepted for continual maintenance as of
September 24, 1990 subject to the one year guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
.Mager Bergman , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Bergman, Councilmembers Helliwell, Ricker, Vasiliou, ,
_and Zi riir
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.