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HomeMy WebLinkAboutCity Council Resolution 1991-222CITY OF PLYMOUTH Pursuant to due call and notice thereof, a ret ar meeting of the City Council of the City of Plymouth, Minnesota was held on the 22nd day of April 1991. The following members were present: mayor Berman, Councilmembers Helliwell_ Ricker_ Vasiliou_ and 2i it The following members were absent: None Cnimrilmemher Helliwell introduced the following Resolution and moved its adoption: RESOLUTION NO. 91- 222 REDUCING DEVELOPMENT BOND SCOVILLE BUSINESS PARK (82062) WHEREAS, in accordance with the development contract dated January 13, 1983, Donald C. Wildman, developer of Scoville Business Park (82062), 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 Street Sweeping and Storm Sewer Cleaning Park and Trail Improvements Site Grading and Drainage Improvements Maintenance of Erosion 6 Sediment Control Plan Design, Administration, Inspection, As-Builts TOTAL $ -0- $ -0- -0- -0- 11,900 -0- 10,600 -0- 4,840 -0- -0- -0- -0- -0- 1,000 -0- -0- -0- -0- -0- 1,000 3.521 -0- -0- $ 32,861 $ -0- That the letter of credit required for the above items be reduced as detailed above from $9,621 to $0 (zero) to reflect the completed work. The Development Bond is hereby released. The motion for the adoption of the foregoing Resolution was duly seconded by 1;'mcilmember Zitur , and upon vote being taken thereon, the following voted in favor thereof: Mayor Bergman, Councilmembers Helliwell, Ricker, Vasiliou, -nd Zitur ' The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted.