HomeMy WebLinkAboutCity Council Resolution 1991-476CITY 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 19th day of August ,
1991. The following members were present: Mayor Bergman, Councilmembers ,
Helliwell and Ricker
The following members were absents Councilmembers Vasiliou and Zitur
Councilm mber Helliwell introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 91- 476
REDUCING DEVELOPMENT BOND
GLEASON LAKE SCHOOL ADDITION (88036)
WHEREAS, in accordance with the development contract dated September 22, 1988,
Independent School District 284, developer of Gleason Lake School Addition (88036), 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: 1st Ave. 6
Co. Rd. 101 right -turn lane
Co. Rd. 101 left -turn Construction
Traffic Signal
Remodel Lift Station
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
$ 64,744
$ -0-
75,628
-0-
80,000
-0-
6,293
-0-
4,700
-0-
-0-
-0-
150
-0-
-0-
-0-
-0-
27.782
-0-
-0-
$ 259,297
$ -0-
That the lett.i credit required for the above items be reduced as detailed above
from $25,543 to $0 (zero) to reflect the completed work.
GLEASON LAKE SCHOOL ADDITION (88036)
Resolution No. 91-476
Page Two
FURTHER BE IT RESOLVED that the banding requirements for the following items per
Section 8.1 of the approved development contract be reduced as follows:
ITEM
ORIGINAL AMOUNT NEW AMOUNT
Maintenance of Erosion
and Sediment Control Plan
Street Sweeping and Storm
Sewer Cleaning
Cash: $-0- $_0_
Letter of Credit: $-0- $_0_
FURTHER BE IT RESOLVED that the street construction (1st Avenue and county Road 101
right -turn lane and County Road 101 left -turn construction) and the traffic signal and
remodeled lift station are hereby accepted for continual maintenance as of August 19,
1991.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Ricker , and upon vote being taken thereon, the following voted
in favor thereof: May -gr Rp_r ani Coixnri lmembers uei i;..al l and Ricker. ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.