HomeMy WebLinkAboutCity Council Resolution 1991-287CITY 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 Zlst day of MaY ,
1991. The following members were pre=-?nt: Mayor Bergman, Councilmembers Helliwell. ,
Ricker, and Vasiliou
The following members were absent: Councilmember Zitur
Counrilmemher Vasiliou introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 91-287
REDUCING DEVELOPMENT BOND
DEERWOOD GLEN PLAT ONE (85050)
WHEREAS, in accordance with the development contract dated May 21, 1986, Parklands
Developments, a partnership consisting of Wiswell Estates, Inc., and International
Development, Inc., developer of Deerwood Glen Plat One (85050), 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 $ 102,700 $ -0-
Sanitary Sewer 68,600 -0-
Watermain 45,700 -0-
Storm Sewer 23,600 -0-
Boulevard and Drainage Swale Sod 7,000 1,000
Pond or Ditch Constructio_i -0- -0-
Street Signs 450 -0-
Site Grading and Drainage Improvements -0- -0-
Park and Trail Improvements 9,581 -0-
Design, Administration, Inspection, As-Builts 30,916 120
TOTAL $ 288,547 $ 1,120
That the letter of credit required be reduced from $1,723 to $1,120 to reflect the
completed work.
DEERWOOD GLEN PLAT ONE (85050)
Resolution No. 91- 287
Page Two
FURTHER BE IT RESOLVED that the bonding requirements for the following items per
Section 8.1 of the approved development contract be reduce3 at,follows:
ITEM
Maintenance of Erosion
and Sediment Control Plan
Street Sweeping and Storm
Sewer Cleaning
Grading permit issued
previously
:_4
The motion for the adoption of the foregoing Resolution was duly seconded by
Mayor Bergman , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Berman, Councilmembers Helliwell, Ricker, and Vasiliou ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.