HomeMy WebLinkAboutCity Council Resolution 1989-629CITY 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, Councilmembers Vasi iou ,
Ricker, _ Zitur and Sisk
The following members were absent: None
Councilmember Zitur introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 89-629
REDUCING DEVELOPMENT BOND
ZACHARY HEIGHTS ADDITION (88042)
WHEREAS, in accordance with the development contract dated January 23, 1989 the Graham
Development Co. developer of Zachary
Heights Addition
(88042) 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 that
the bonding requirements are reduced
as follows:
MA OUNT
ProjectORIGINAL.
Ptihlli)73
Public(2) Private
(3) Original
Total
Street Construction
$ -0-
$ 53,330 $ -0-
$ 53,330
Concrete Curb and Gutter
8,636
-0- -0-
8,636
Sanitary Sewer
-0-
52,908 -0-
52,908
Watermain
-0-
*36,559 -0-
36,559
Storm Sewer
-0-
28,545 -0-
28,545
Boulevard & Drainage
Swale Sod
-0-
-0- 3,200
3,200
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. 18491 issued)
Design, Administration,
Inspection, As-Builts
-0-
20.597 384
20,981
ORIGINAL TOTAL
$8,636
$192,239 $3,584
$204,459
* Does not include the cost of the
12" watermain
in Schmidt Lake Road
that is to be
reimbursed to the developer.
(1) Public Improvement Project No. 705
- 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. 89-629
Page Two
That the letter of credit required for the above items be reduced as detailed above
from $75,301 to $25,348 to reflect the completed work on the public improvements
(excluding Project No. 705) and remain at $3,584 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:
0
Maintenance of Erosion and
Sediment Control Plan,
Street Sweeping and Storm
Sewer Cleaning (Grading Permit No 18491
Issued) Cash:
Letter of Credit:
$ -0- $ -0-
$ -0- $ -0-
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 thereof: Mayor Schneider. Councilmpmhareyazilini.- $ickPr- Zir„r and Sick
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.
NEW AMOUNT
Project (I7
Public
Public �
(3)
Private
New
Total
Street Construction
$ -0-
$ 8,330
$ -0- $
8,330
Concrete Curb and Gutter
8,636
2,200
-0-
10,836
Sanitary Sewer
-0-
5,291
-0-
5,291
Watermain
-0-
3,656
-0-
3,656
Storm Sewer
-0-
2,855
-0-
2,855
Boulevard 6 Drainage
Swale Sod
-0-
-0-
3,200
3,200
Pond or Ditch Construction
-0-
-0-
-0-
-0-
Street Signs
-0-
300
-0-
300
Park and Trail Improvements
-0-
-0-
-0-
-0-
Site Grading 6 Drainage Improvements
(Grading
Permit No.
1849 issued)
Design, Administration,
Inspection, As-Builts
-0-
2716
384
3-10
ORIGINAL TOTAL
$8,636
$25,348
$ 3,584 $
37,568
That the letter of credit required for the above items be reduced as detailed above
from $75,301 to $25,348 to reflect the completed work on the public improvements
(excluding Project No. 705) and remain at $3,584 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:
0
Maintenance of Erosion and
Sediment Control Plan,
Street Sweeping and Storm
Sewer Cleaning (Grading Permit No 18491
Issued) Cash:
Letter of Credit:
$ -0- $ -0-
$ -0- $ -0-
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 thereof: Mayor Schneider. Councilmpmhareyazilini.- $ickPr- Zir„r and Sick
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.