HomeMy WebLinkAboutCity Council Resolution 1989-755CITY OF PLYMOUTH
W Pursuant to due call and notice thereof, a regular meeting of the City Council of
the City of Plymouth, Minnesota was held on the 20th day of November
1989. The following members were present: Mayor Schneider, Councilmembers
Vasiliou,,Ricker, Zitur and Sisk
The following memters were absent: None
Coun_cilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 89-755
REDUCING DEVELOPMENT BOND
MISSION TRAILS ADDITION (85091)
WHEREAS, in accordance with the development contract dated September 18, 1985, Lundgren
Brothers Construction, Inc., developer of Mission Trails Addition (85091), 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:
ITEM
Street Construction
ORIGINAL• AMOUNT
$ 69,500
NEW AMOUNT
$ -0-
Sanitary Sewer
53,500
-0-
Watermain
45,700
-0-
Storm Sewer
29,000
-0-
Boulevard and Drainage Swale Sod
6,000
-0-
Pond or Ditch Construction
-0-
-0-
Street Signs
600
-0-
Site Grading and Drainage Improvements
-0-
-0-
Park and Trail Improvements
5,892
-0-
Design, Administration, Inspection, As-Builts
25,223
_0_
TOTAL
$ 235,415
$ -0-
That the letter of credit required for the above items be reduced as detailed above
from $8,052 to $0 (zero) to reflect the completed work.
Resolution No. 89-756
Page Two
18 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:
ITEM
Maintenance of Erosion
and Sediment Control Plan
Street Sweeping and Storm
Sewer Cleaning
ORIGINAL AMOUNT NEW AMOUNT
Included in Grading Permit
No. 85701090
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 vasiiio„ Ricker- 71tur and Risk ,
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.