HomeMy WebLinkAboutCity Council Resolution 1994-072•
WHENIA.S, in accordance **h the development contract dried Apt 129 15192, Hans, Hagan Hosea,
Inc., developer of Seven Pouda Fourth Addition (9201;), has agreed to install certain improvements, for
aid developmeal no
WHEREAS, the developer has, completed a portion of the strep utility and site grading as noted belna;
and
WHEPJM, the developer has requested a reduction of the development bond to reflect the compietted
wodq
NOW. TEMPORE, BE IT HEREBY RESOLVED BY THE CTTY COUNC L OF THE CITY OF
PLIMOUTH, Iv1IINMOTA; that the t onding "ui ements are reduced at follows:
That the letter of credit required for the abov,5 items be reduced as detiued above f w $15,456 to $4,480
to reflect We completed .work. Letter of credit No. S401477 may be reduced accordingly.
ORIMNAL
NEW
AKQ=
AMOUNT
Street Construction
$ 49,000
$ 4
Sanitary Sewer
259100
4
waternnin
.2.;,5M
4
SLUM
1102y0y0�
�SwJerr Q ,�
Bmwa d and Drainage Swab aw
4,00^0
�y4
",000
Pond Constn�
V
Street Signa (I X 1501,
�/Y�
1.70
4
Site Grading and Drainap Improvements
20,000
21000
Park and Trill Improvanents
4
4
Dodge, Adminis,tnation, Inspection, As-Bullta
1.5,954
—a
TOTAL
$148,904
$4,480
That the letter of credit required for the abov,5 items be reduced as detiued above f w $15,456 to $4,480
to reflect We completed .work. Letter of credit No. S401477 may be reduced accordingly.
n
u
RESOLUTION NO. 94- 72
PbP Two
FURTiM BB 1T RESOLVED tat the bonding n"buneob for the following ;Deas per Section 8.1 of
the appsoved development 000tW be re'or e 2 u follows:
Fv•:,.
Minteaance of Erosion and Sediment
Lound Plw Street Sweeping and Storm
Sower Cleaning (See Graft Permit No. 43816)
CAA:
Letter of Craft.
• ' t;l ,t
(0111 10 •j 1,111
$-0- $-0-
S-0- $-0-
FURTHER BE IT RESOLVED that the weer constnnxion and concrete curb and gaiter is aooepted for
coatinul moiotanswe as of February 71 1994 subject to the Two Year Guarantee by the Developer per
Mainteum oe Bond No. 7387708.
Adopted by the City Cbuocn na P&muy 7, 1994.