HomeMy WebLinkAboutCity Council Resolution 1991-286CITY 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 21st day of — U ,
1991. The following members were present: Mayor Ber an, Councilmembers Helliwell, ,
Ricker, and Vasiliou
The following members were absent: Councilmember Zitur
Coimcilmemher VasiIiou introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 91- 286
REDUCING DEVELOPMENT BOND
PINE RIDGE AT BASS LAKE ADDITION (86147)
WHEREAS, in accordance with the development contract dated June 8, 1987, Scherber,
Bonine, Scherber Partnership, a Minnesota General Partnership, developer of Pine Ridge
at Bass Lake Addition (86147), 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
(See Grading Permit No. 10752)
Street Signs
Site Grading and Drainage Improvements
(See Grading Permit No. 10752)
Park and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
$ 33,355
$ -0-
36,942
-0-
34,946
-0-
25,436
-0-
5,600
1,800
-0-
-0-
300
-0-
-0-
-0-
2,340
16.670
-0-
216
$ 155,589
$2,016
That the letter of credit required for the above items be reduced as detailed above
from $2,912 to $2,016 to reflect the completed work.
PINE RIDGE AT BASS LAKE ADDITION (86147)
Resolution No. 91-286
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:
*See Grading Permit No. 10752
ORIGINAL AMOUNT NEW AMOUNT
$-0- $-0-
$-0- $-0-
The motion for the adoption of the foregoing Resolution was duly seconded by
Manor Berown_ , and upon vote being taken thereon, the following voted
in favor thereof: Myor Berg=, Cotmcilmemhers Helliwell, Rirker-, and Vacilinj, ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.