HomeMy WebLinkAboutCity Council Resolution 1991-407CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a reglilar meeting of the City Council of
the City of Plymouth, Minnesota was held on the 22nd day of ,
1991. The following members were present: Mayor Berman, Councilmembers Ricker, ,
Vasiliou, and Zitur
The following members were absent: _ Councilmember Helliwell
CnnnrilmPmhPr 7.itur introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 91-407
RErUcING DEVELOPMENT BOND
HAWTHOINE PLACE ADDITION (90006)
WHEREAS, in accordance with the development contract dated May 30, 1990, Eiden
Construction, Inc., developer of Hawthorne Place Addition (90006), 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 (includes 8th Ave. N.)
Sanitary Sewer
Watermain
Storm Sewer
Boulevard and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Site Grading and Drainage Improvements
Park and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
$ 24,000
$ 4,800
14,000
2,800
12,000
2,400
10,000
2,000
2,600
1,200
-0-
-0-
150
-0-
44,000
-0-
-0-
12.810
-0-
1.584
$ 119,560
$ 14,784
That the letter of credit required for the above items be reduced as detailed above
from $119,560 to $14,784 to reflect the completed work.
HAWTHORNE PLACE ADDITION (90006)
Resolution No. 91-407
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:
3711
Maintenance of Erosion
and Sediment Control Plan
Street Sweeping and Storm
Sewer Cleaning
Cash: $1,000 $1,000
Letter of Credit: $6,000 $3,000
The motion for the adoption of the foregoing Resolution was duly seconded by
C_oimcilmemh r Ri k r , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Berg , C[nmri lmembers Ricker, Vaci l i o : , and Zi tur
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.