HomeMy WebLinkAboutCity Council Resolution 1991-016CITY 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 7th day of January ,
1991. The following members were present: Councilmembers Helliwell, Ricker
Vasiliou, and Zitur '
The following members were absent: Mayor Bergman
Councilmember Ricker introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 91-16
REDUCING DEVELOPMENT BOND
BASS LAKE WOODS ADDITION (84075)
WHEREAS, in accordance with the development contract dated November 15, 1984, Bass Lake
Woods Associates, developer of Bass Lake Woods Addition (84075), 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:
ITE 19 ORIGINAL
Street Construction
AMOUNT
$ 74,700
NEW AMOUNT
Sanitary Sewer
66,000
-0-
Watermain
56,000
-0-
Storm Sewer
74,000
-0-
Boulevard and Drainage Swale Sod
8,200
400
Pond or Ditch Construction
-0-
-0-
Street Signs
600
-0-
Site Grading and Drainage Improvements
48,200
-0-
Park and Trail Improvements
-0-
-0-
Design, Administration, Inspection, As-Builts
39,324
48
TOTAL
$ 367,024
$448
That the letter of credit required for the above items be reduced as detailed above
from $3,600 to $448 to reflect the completed work.
BASS LAKE WOODS ADDITION (84075)
Resolution No. 91-16
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: $12,500 $1,000
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: Councimembers Helliwell, Ricker, Vasiliou, and Zitur ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.