HomeMy WebLinkAboutCity Council Resolution 1991-446CITY 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 5th day of August
1991. The following members were present: Mayor Bergman, Councilmembers
Helliwell, Ricker, Vasiliou, and Zitur
The following members were absent: None
Councilmember Zitur introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 91-446
REDUCING DEVELOPMENT BOND
CHURCHILL FARMS ADDITION (90009)
WHEREAS, in accordance with the development contract dated June 14, 1991, Lundgren
Brothers Construction, Inc., developer of Churchill Farms Addition (90009), 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 $
136,500
$ 136,500
Co. Rd. 24 Turn Lane
19,980
19,980
Sanitary Sewer
84,700
84,700
Watermain
67,000
67,000
Storm Sewer (Does Not Include Proj. No. 016)
53,600
53,600
Boulevard and Drainage Swale Sod
8,000
8,000
Pond or Ditch Construction
-0-
-0-
Street Signs
750
750
Site Grading and Drainage Improvements
114,900
23,000
Park and Trail Improvements
5,500
5,500
Design, Administration, Inspection, As-Builts
5x.912
47.884
TOTAL
$ 549,842 $ 446,914
That the letter of credit required for the above items be reduced as detailed above
from $549,842 to $446,914 to reflect the completed work.
CHURCHILL FARMS ADDITION (90009)
Resolution No. 91-446
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:
•, M
Maintenance of Erosion
and Sediment Control Plan
Street Sweeping and Storm
Sewer Cleaning
Cash:
Letter of Credit:
$1,000 $1,000
$27,400 $27,400
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Helliwell , and upon vote being taken thereon, the following voted
in favor thereof: Manor Berman, Councilmeynbers HellikEll, Ricker, Vasilio,,
and Zitur
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.