HomeMy WebLinkAboutCity Council Resolution 1991-024CITY 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, ,
Vasilinu. and Zitur
The following members were absent: Mayor Bergman
Councilmember Ricker introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 91-24
REDUCING DEVELOPMENT BOND
TIMBERTON ADDITION (83054)
WHEREAS, in accordance with the development contract dated December 16, 1983, Timberton
Company, developer of Timberton Addition (83054), 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:
J,Un ORIGINAL
Street Construction $
AMOUNT
38,400
NEW AMOUNT
$ -0-
Sanitary Sewer
55,050
-0-
Watermain
57,170
-0-
Storm Sewer
33,790
-0-
Boulevard and Drainage Swale Sod
8,000
-0-
Pond or Ditch Construction
1,000
-0-
Street Signs (Pd. 1/2/85 Receipt 4560)
300
-0-
Street Sweeping and Storm
Sewer Cleaning
2,500
-0-
Park and Trail Improvements
-0-
-0-
Site Grading and Drainage Improvements
22,000
-0-
Design, Administration, Inspection, As-Builts
26.425
-0_
TOTAL $
246,635
$ -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 adoption of the foregoing Resolution was duly seconded by Councilmember
Zitur, and upon vote being taken thereon, the following voted in favor ther�-
o m ilmembers Helliwell, Ricker, Vasiliou and Zitur. The following voted against
- or abstain None. Whereupon the Resolution was declared duly passed and adopted.