HomeMy WebLinkAboutCity Council Resolution 1989-530CITY OF PLYMOUTH
Iursuant to due call and notice thereof, a re¢ular meeting of the City Council of
the City of Plymouth, Minnesota was held on the 11th day of September ,
1989. The following members were present: Mayor Schneider- enunrilnipmIlgrA Vac Linn
Ricker. Zitur and Sisk
The following members were absent: _ Nenp_
ai�n iImpmhAr Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 89- 530
REDUCING DEVELOPMENT BOND
DEERWOOD GLEN PLAT TWO (87010 FKA 86084))
WHEREAS, in accordance with the development contract dated March 16, 1987, Wiswell
Estates, Inc., and International Development, Inc., developer of Deerwood Glen Plat Two
(87010 FKA 86084), 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:
ITEORIGINAL AMOLIT 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
$ 77,200
$ *11000
42,900
-0-
43,400
-0-
15,500
-0-
6,800
3,600
-0-
-0-
300
-0-
See Grading
Permit #14474
-0-
-0-
22.332
552
$ 208,432 $ 5,152
That the letter of credit required for the above items be reduced as detailed above
from $6,720 to $5,152 to reflect the completed work.
*Buried manhole on Yorktown Lane North of 47th Avenue.
Resolution No. 89-530
Page Two
FURTHER BE IT RESOLVED that the bonding requirements for the following items per
.z: 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: $-0- $-0-
Letter of Credit: $-0- $-0-
See Grading Permit No. 4474
The motion for the adoption of the foregoing Resolution was duly seconded by
Coancilmember 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. .