HomeMy WebLinkAboutCity Council Resolution 1992-695CITY OF PLYMOUTH
RESOLUTION NO. 92-695
REIMBURSING DEVELOPER FOR REQUIRED WATERMAIN CONSTRUCTION
BASS LAKE TERRACE 2ND ADDITION (91070)
WHEREAS, the City of Plymouth and Vern Reynolds Construction Company,
Inc. have entered into a development contract dated December 16, 1991 and
executed May 21, 1992 for the development of Bass Lake Terrace 2nd
Addition; and
WHEREAS, as part of this development, the developer was required to
construct a 12 inch watermain in the Bass Lake Terrace 2nd Addition in
order to conform with the City of Plymouth's Water Distribution Plan; and
WHEREAS, the developer installed the required 12 inch watermain in 55th
Avenue North and to the westerly plat boundary within Bass Lake Terrace
2nd Addition; and
WHEREAS, it is the policy of the City of Plymouth to reimburse developers
for required watermain construction as provided for in the development
contract; and
WHEREAS, this amounts to $14,520 including engineering fees.
NOW, THEREFORE. BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA: That the developer. Vern Reynolds Construction
Company, Inc.. is to be reimbursed in the amount of $14,520 for the
required 12 inch watermain construction based on the alignment in the
construction plans and in accordance with Section 3.3 in the development
contract.
BE IT FURTHER RESOLVED that the funds he allocated from the Trunk Water
Fund.
Adopted by the City Council on November 2. 1992