HomeMy WebLinkAboutCity Council Resolution 1989-529CITY OF PLYMOUTH
;Pursuant to due call and notice thereof, a rpgular meeting of the City Council of
the City of Plymouth, Minnesota was held on the 11th day of Sputa+phpr ,
1989. The following members were present: Mayor Schneider- Cosine lmaml,PrR Vaigilim,
Ricker, Zitur and .Sisk
The following members were absent: None
Couneilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 89-529
REDUCING DEVELOPMENT BOND
DEERWOOD GLEN PLAT ONE (85050)
WHEREAS, in accordance with the development contract dated May 21, 1986, Parklands
Developments, a partnership consisting of Wiswell Estates, Inc., and International
Development, Inc., developer of Deerwood Glen Plat One (85050), has agreed to install
certain improvements for sairi 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;
1, THEREFORE, BE IT HEREBY RESOLVED BY TH9 CITY COUNCIL OF THE CITY OF PLYMOUTH,
ESOTA; that the bonding requirements are reduced as follows:
J= ORIGINAL
Street Construction $
AMOUNT
102,700
NEW AMOUNT
$ -0-
Sanitary Sewer
68,600
-0-
Watermain
45,700
-0-
Storm Sewer
23,600
-0-
Boulevard and Drainage Swale Sod
7,000
600
Pond or Ditch Construction
-0-
-0-
Street Signs
450
-0-
Site Grading and Drainage Improvements
-0-
-0-
Park and Trail Improvements
9,581
958
Design, Administration, Inspection, As-Builts
30.916
165
TOTAL $
288,547
$ 1,723
That the letter of credit required be reduced from $3,089 to $1,723 to reflect the
completed work.
R
Resolution No. 89- 529
Page Two
W2,k`G
-0FURTHER BE IT RESOLVED that the bonding requirements for the following items per
T Section 8.1 of the approved development contract be reduced as follows:
0
Maintenance of Erosion
and Sediment Control Plan
Street Sweeping and Storm
Sewer Cleaning
Grading permit issued
previously
The motion for the adoption of the foregoing Resolution was duly seconded by
Coin_ lmamhar 7ihv,r , and upon vote being taken thereon, the following voted
in favor thereof: Mayor Schneider, Councilmembers Vasilin..- Rirlrar- 74.tur
and Sisk
The following voted against or abstained: Knna
Whereupon the Resolution was declared duly passed and adopted.