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HomeMy WebLinkAboutCity Council Resolution 1993-172RESOLUTION NO. 93- 172 REDUCING DEVELOPMENT BOND PONDEROSA WOODS 3RD ADDITION (92076-A) WHEREAS, in accordance with the development contract dated October 5, 1992, Antoine J. Poppelaars and Simone F. Poppelaars, developer of Ponderosa Woods 2nd Addition (92076), has agreed to install certain improvements for said development; and WHEREAS, in conjunction with the development of Ponderosa Woods 2nd Addition, the developer awarded a contract for similar utility construction in property identified at this time as Outlots A and B. Ponderosa Woods 2nd Addition or future Ponderosa Woods 3rd Addition (92076-A); and WHEREAS, the developer has competed a portion of the street, utility, and site grading as noted below; and WHEREAS, the developer has previously requested a reduction of the development bond to reflect the completed work in Ponderosa Woods 2nd Addition; and WHEREAS, the City Council of the City of Plymouth previously approved a reduction of the development bond and acceptance of the sanitary sewer, water main, and storm sewer construction for continual maintenance as of March 1, 1993 subject to the two year guarantee by the developer for utility construction in Ponderosa Woods 2nd Addition; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA; that the sanitary sewer, water main, and storm sewer construction in the Outlots A and B, Ponderosa Woods 2nd Addition or future Ponderosa Woods 3rd Addition (92076-A) is accepted for continual maintenance as of March 29, 1993 subject to two year guarantee by Dave Perkins Contracting, the same contractor that completed the work in Ponderosa Woods 2nd Addition. Adopted by the City Council on March 29, 1993