HomeMy WebLinkAboutCity Council Resolution 1991-372CITY OF PLYMOUTH
PursuanL ~o due call and notice thereof, a regular meeting of the City Council of
the City of Plymouth, Minnesota was held on the 1St day of Jul
Bergman, 1991. she following members were present: Mayor Bern, Councilmembers Helllwe
Ricker, Vasiliou, and Zitur
The following members were absent: None
Councilmember Zitur introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 91-372
REDUCING DEVELOPMENT BOND
KINGSWAY ESTATES ADDITION (90081)
WHEREAS, in accordance with the development contract dated February 20, 1991, Orville
E. Miller and Joyce T. Miller, developer of Kingsway Estates Addition (90081) has
agreed to install certain improvements for said development; and
WHEREAS, the developer has completed the utility construction 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 that
the bonding requirements are reduced as follows:
Sanitary Sewer
Watermain
Inspection, As-Builts
TOTAL
-0- 2,500 -0- -0-
9,600 -0- -0- -0-
1.152 300 -0- -0-
$10,752 $2,800 $-0- $-0-
That the letter of credit required for the above items be reduced as detailed above
from $10,752 to $-0- to reflect the completed work on the public improvements, and from
$2,800 to $-0- to reflect the completed work on the private improvements.
WOODLANDS ADDITION (84030)
Resolution No. 91-372
Page Two
FURTHER BE IT RESOLVED that the watermain construction is accepted for continual
maintenance as of July 1, 1991 subject to the two year guarantee by the developer.
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:
Maintenance of Erosion and
Sediment Control Plan,
Street Sweeping and Storm
Sewer Cleaning Cash: S 1,000 $ 1,000
The motion for -he adoption of the foregoing Resolution was duly seconded by
Councilmember Halliwell , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Bergman, CounciLaembers Helliwell. Ricker. Vasiliou. ,
and 7i tiir
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.