HomeMy WebLinkAboutCity Council Resolution 1990-721CITY 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 5th day of November
1990. The following members were present: Mayor Bergman, Councilmerrbers
Helliwell, Ricker, Vasiliou, and Zitur
The following members were absent: None
Councilmember Zitur introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 90- 721
REDUCING DEVELOPMENT BOND
PLYMOUTH MEADOWS ADDITION (88112)
WHEREAS, in accordance with the development contract dated April 17, 1989, David R.
Dahl and Laurie J. Dahl, developers of Plymouth Meadows Addition (88112), has agreed r,-;
install certain improvements for said development; and
WHEREAS, the developer has completed a portion of the street, utility and site gradirig
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,
10 MINNESOTA; that the bonding requirements are reduced as follows:
ITEM
Street Construction
ORIGINAL. AMOUNT
$ 28,000
NEW AMOUNT
$ 14,000
Sanitary Sewer
15,300
-0-
Watermain
9,600
-0-
Storm Sewer
10,000
-0-
Boulevard and Drainage Swale Sod
1,500
500
Pond or Ditch Construction
1,000
1,000
Street Signs
150
150
Site Grading and Drainage Improvements
16,500
1,500
Park and Trail Improvements
-0-
-0-
Design, Administration, Inspection, As-Builts
9,846
2.058
TOTAL
$ 91,896
$ 19,208
That the letter of credit required for the above items be reduced as detailed above
from $91,896 to $19,208 to reflect the completed work.
Resolution No. 90- 721
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
$9,000 $4,500
FURTHER BE IT RESOLVED that the sanitary sewer, watermain, and storm sewer construction
is accepted for continual maintenance as of November 5, 1990 subject to the One Year
Guarantee by the developer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Mayor Berman , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Bergman Councilmembers Helliwell Ricker Vasiliou.
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.