HomeMy WebLinkAboutCity Council Resolution 1989-431CITY 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 24th day of Ti,13 ,
1989. The following members were present: Mayor Schneider. Councilmembers Vasil;„ ,
Ricker, Zitur and Sisk
The following members were absent: None
Councilmember Zitur introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 89-431
REDUCING DEVELOPMENT BOND
HERITAGE WOODS ESTATES ADDITION (89008)
WHEREAS, in accordance with the development contract dated June 5, 1989 the Graham
Development Co. developer of Heritage Woods Estates Addition (89008) 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;
10 NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH that
the bonding requirements are reduced as follows:
Street Construction
Concrete Curb and Gutter
Sanitary Sewer
Watermain
Storm Sewer
Boulevard & Drainage
Swale Sod
Pond or Ditch Construction
Street Signs
Park and Trail Improvements
Site Grading & Drainage Improvements
Design, Administration,
Inspection, As-Builts
ORIGINAL TOTAL
ORIGINAL AMOUNT
Project 81 (2) (3) Original
Public zldl11D Privat Total
$29,419 $
55,519
$ -0- $
55,519
2,904
-0-
-0-
-0-
-0-
56,167
-0-
56,167
-0-
40,870
-0-
40,870
20,671
40,580
-0-
40,580
-0-
-0-
4,800
4,800
-0-
-0-
-0-
-0-
-0-
300
-0-
300
-0-
-0-
-0-
-0-
(Grading
Permit No.
19757 issued)
-0-
QlL'
$52,994 $216,b48 $5,376 $222,024
(1) Public Improvement Project No. 416 - City to own and/or maintain after development
complete.
(2) Developer Improvements. City to own and maintain after development complete.
(3) Private - Property owner and/or property owner's association to maintain after
development completed.
Resolution No. 89- 431
Page Two
. ITEM
NEW AMOUNT
Project }�
iL
(3)
New
Pµblic
P is
Private
Total
Street Construction
$29,419
$22,208
$ -0-
$22,208
Concrete Curb and Gutter
2,904
-0-
-0-
-0-
Sanitary Sewer
-0-
11,233
-0-
11,233
Watermain
-0-
8,174
-0-
8,174
Storm Sewer
20,671
8,116
-0-
8,116
Boulevard & Drainage
Swale Sod
-0-
-0-
4,800
4,800
Pond or Ditch Construction
-0-
-0-
-0-
-0-
Street Signs
-0-
300
-0-
300
Park and Trail Improvements
-0-
-0-
-0-
-0-
Site Grading & Drainage Improvements
(Grading
Permit No.
19757 issued)
-0-
Design, Administration,
Inspection, As-Builts
-0-
6,5204
576
6,5$0
ORIGINAL TOTAL
$52,994
$56,035
$ 5,376
$61,411
That the letter of credit required for the above items be reduced as detailed above
from $222,024 to $61,411 to reflect the completed work on the public improvements
(excluding Project No. 416) and remain at $5,376 to reflect the completed work on the
private improvements.
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:
Maintenance of Erosion and
Sediment Control Plan,
Street Sweeping and Storm
Sewer Cleaning (Grading Permit No 19757
Issued) Cash:
Letter of Credit:
$ -0- $ -0-
$ -0- $ -0-
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmemher Sisk , and upon vote being taken thereon, the following voted
in favor t%ereof: mayor Schneider Councilmembers Vasiliou Ricker Zitur and Sisk ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.