HomeMy WebLinkAboutCity Council Resolution 1991-371CITY 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 Ist day of -�JTi�l�l1, ,
1991. The following members were present: Mayor Berman, CounCilmemberS Helliwell
Ricker, Vasiliou, and Zitur
The following members were absent: None
_Councilmember Zitur introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 91-371
REDUCING DEVELOPMENT BOND
BASS LAKE WOODS ADDITION (84075)
WHEREAS, in accordance with the devel,)p!aent 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:
Street Construction $ 74,700 $ -0-
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
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- 371
Page Two
FURTHER E IT RESOLVED that the bonding rcluirements for the following items per
Section 8.1 of the approved development contract be reducad 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 $ -0-
The motion for the adoption of the foregoing Resolution was duly seconded by
Cotmcilmember Zitur , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Bergman, Councilmembers Helliwell, Ricker, Vasiliou,
and Zitur
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.
*dt,k drde�e �r9lnk