HomeMy WebLinkAboutCity Council Resolution 1989-387CITY 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 10th day of July ,
1989. The following members were present: Mayor Schneider, Cnjinrj1mPmhPrR Varailioa ,
Ricker, Zitur and Sisk
The following members were absent: None
�,ouncilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 89-387
REDUCING DEVELOPMENT BOND
ISAIAH ADDITION (84070)
WHEREAS, in accordance with the development contract dated February 12, 1985, Sheldon
Schwartz and Patricia Ann Schwartz, developer of Isaiah Addition (84070), 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:
I= QLtIGINAL AMOUNT NEW AMOUNT
Street Construction
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
$ -0-
$ -0-
-0-
-0-
-0-
-0-
-0-
-0-
1,400
400
-0-
-0-
-0-
-0-
(Grading Permit
Issued)
-0-
168
-0-
4
$ 1,568
$ 448
That the letter of credit required for the above items be reduced as detailed above
from $1,568 to $448 to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Zitur , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Schneider, Councilmembers Vasiliou, Ricker, Zitur and Sisk ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.