HomeMy WebLinkAboutCity Council Resolution 1990-754CITY OF PLYMOUTH
w Pursuant to due call and notice thereof, a regular meeting of the City Council of
the City of Plymouth, Minnesota was held on the 19th day of November ,
1990. The following members were present: Mayor Bergman, Councilmembers
Helliwell, Ricker, and Zitur
The following members were absent: Councilmpmh r Vasilinu
*** *** ***
Councilmember Ricker, introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 90- 754
REDUCING DEVELOPMENT BOND
PONDEROSA WOODS ADDITION (88139)
WHEREAS, in accordance with the development contract dated October 16, 1989, Antoine J.
Poppelars, Simone F. Poppelars, Daniel A. Poppelars, Carrie Lyn Poppelars, developers
of Ponderosa Woods (88139), 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
$ 24,223
$ -0-
14,715
-0-
10,671
-0-
5,640
-0-
2,160
-0-
-0-
-0-
150
-0-
19,480
-0-
-0-
9,245
-0-
-0-
$ 86,284
$ -0-
That the letter of credit required for the above items be reduced as detailed above
from $4,256 to $0 (Zero) to reflect the completed work.
Resolution No. 90-754
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
$ -0- $ -0-
See Grading Permit No. 21939 - Letter of Credit No. 89-11 in the
amount of $4,500 remains in force.
FURTHER BE IT RESOLVED that the street construction and concrete curb and gutter is
accepted for continual maintenance as of November 5, 1990 subject to the One Year
Guarantee by the developer.
* FURTHER BE IT RESOLVED that the developer chose to install the wearing course this
year and understands if there is any damage to the street in 1991 caused by
construction in the area, the City may require the developer to seal coat the street
in accordance with City standards. Letter of Credit No. 89-11 from the Americana
Bank submitted to secure Grading Permit No. 21939 has been amended to include $2,000
to ensure seal coating the street during 1991 if deemed necessary by the City
Engineer.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Zitur , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Rergman, Cnuncilmembers Helliwell- RirkPr- and 7itur ,
The following voted against or abstained: Nnnp
Whereupon the Resolution was declared duly passed and adopted.