HomeMy WebLinkAboutCity Council Resolution 1989-543CITY 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 11th day of September ,
1989. The following members were present: mor Schneider. Councilmembers Vasiliou
Ujnkar_ 74tur nnA Rink
The following members were absent: Nnne
*** *** ***
Councilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 89-543
REDUCING DEVELOPMENT BOND
WILD WINGS ADDITION (84057)
WHEREAS, in accordance with the development contract dated September 3, 1986 DeVries
Builders, Inc., Vernon C. Weegman, Patti M. Weegman and John Lonke, developer of Wild
Wings Addition (84057), 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:
Jim QRIGINAL AMOUN NEW AMOUNT
Street Construction $ 71,400 $ *2,500
Schmidt Lake Road 21,230 -0-
Schmidt Lake Road Curb 6 Gutter 3,211 -0-
Sanitary Sewer 61,530 -0-
Watermain 61,460 -0-
Storm Sewer 23,760 -0-
Boulevard and Drainage Swale Sod 8,400 1,000
Pond or Ditch Construction -0- -0-
Street Signs 450 450
Site Grading and Drainage Improvements Grading Permit Issued **7,000
Park and Trail Improvements 960 960
Design, Administration, Inspection, As-Builts 29.903 1.429
TOTAL
$ 282,304 $ 13,339
* The Developer has agreed to construct a temporary cul-de-sac on Valley Forge Lane
including the proper barricades in the event that the northerly extension of Valley
Forge Lane will not be constructed during the 1989 construction season.
** The Developer has previously requested release of the $47,000 Letter of Cr <'it (No.
318) originally submitted with Grading Permit No. 6228, with the understanding that
$7,000 will be retained with the Financial Guarantee submitted for the items noted
above.
Resoiuti.on No.. 89- 543
Page Two
That the letter of credit required for the above items be reduced as detailed above
from $43,019 to $13,339 to reflect the completed work.
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:
0
Maintenance of Erosion
and Sediment Control Plan,
Street Sweeping and Storm
Sewer Cleaning Cash:
Letter of Credit:
$-0- $-0-
$-0- $-0-
FURTHER BE IT RESOLVED that the Street Construction and concrete curb and gutter in
conjunction with Wild Wings Addition is accepted for continual maintenance as of
September 11, 1989 subject to the One Year Guarantee by the Developer.
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.