HomeMy WebLinkAboutCity Council Resolution 1989-205CITY 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 17th day of April ,
1989. The following members were present: Mayor Schneider_ CnnnrilmPmhPrn ,
Vasiliou, Ricker, Zitur and Sisk
The following members were absent: None
Councilmember Sisk
adoption
introduced the following Resolution and moved its
RESOLUTION NO. 89-205
REDUCING DEVELOPMENT BOND
WILLOW HAVEN NORTH ADDITION (86033)
WHEREAS, in accordance with the development contract dated September 3, 1986, James C.
Peterson Associates, Inc., and Raymond J. Syverson, Jr. and Barbara A. Syverson,
developer of Willow Haven North Addition (86033), 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 $ 15,540 $ 1,554
Sanitary Sewer 5,301 -0-
Watermain 6,548 -0-
Storm Sewer 6,055 -0-
Boulevard and Drainage Swale Sod 2,000 1,000
Pond or Ditch Construction -0- -0-
Street Signs -0- -0-
Site Grading and Drainage Improvements 4,000 -0-
Park and Trail Improvements -0- -0-
Design, Administration, Inspection, As-Buiits 4.733 306
TOTAL
$ 44,177 $ 2,860
That the letter of credit required for the above items be reduced as detailed above
from $6,322 to $2,860 to reflect the completed work.
Resolution No. 89-205
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:
ITEM
ORIGINAL AMOUNT NEW AMOUNT
Maintenance of Erosion
and Sediment Control Plan
Street Sweeping and Storm
Sewer Cleaning Cash: $1,000 $1,000
Letter of Credit: $7,222 $2,000
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmemher 2.itLr and upon vote being taken thereon, the following voted
in favor thereof:, Mayor Schneider. Counciimembers Vaailion, Rirkpr, 7itur and Bich ,
The following voted against or abstained: Non
Whereupon the Resolution was declared duly passed and adopted.