HomeMy WebLinkAboutCity Council Resolution 1989-627CITY 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 2nd day of October ,
1989. The following members were present: Mayor Schneider, Connci1 Pmh s Vacilioi ,
Ricker- Zitur and Sisk
The following members were absent: None
rn21n,ci1m0mhPr Zir,ir introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 89-627
REDUCING DEVELOPMENT BOND
CREEKWOOD HILLS 3RD ADDITION (A-648)
WHEREAS, in accordance with the development contract dated May 1, 1984, Creekwood Hills
Ventures, developer of Creekwood Hills 3rd Addition (A-648), 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:
Street Construction
Sanitary Sewer
Watermain
Storm Sewer
Boulevard and Drainage Swale Sod
Pond or Ditch Construction
Street Signs
Street Sweeping and Storm Sewer Cleaning
Site Grading and Drainage Improvements
Park and Trail Improvements
Maintenance of Erosion and
Sediment Control Plan
Design, Administration, Inspection, As-Builts
TOTAL
$ 54,221
$ -0-
46,970
-0-
37,983
-0-
68,412
-0-
9,600
-0-
-0-
-0-
450
-0-
2,000
-0-
25,000
-0-
4,800
-0-
2,000
30,172
-0-
-0-
$ 281,608
$ -0-
That the letter of credit required for the above items be reduced as detailed above
from $1,568 to $0 (zero) to reflect the completed work.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Sisk , and upon vote being taken thereon, the following voted
in favor there;.J: Mayor Schneider, Councilmembers Vasilious Ricker, Zitur and Sisk ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.