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HomeMy WebLinkAboutCity Council Resolution 1994-079• ;I:+. •, 1 11: :�; is y:��l 11 1 1 / ti' i . vH>MMI in a000idsnce with the development coonact dated November 69 1989, Graham Development Company, developer of Heritage woods Astates Second Addidon, (890$7), has agreed to in" certain improvements for acid development; and WHHRBAS, tb developer has =Vleted a portion of the street, udiity and site grading as noted below; and NOW, THEREMP , BE IT HEREBY RBSOLV» BY THS CITY COUNaL OF TI aff OF pLYMOU M,1M1NESOTA.; that the bonding requirements are reduced as follows: Mat lite letter of credit required for the above items be reduced as detalled above from $152,850 to $0 (zero) to reflect the completed work. ORIGINAL AMOUNT N13W AM4i�IT sneer Condrucdoo $129,620 $4 (Excluding Chy Prof. No. 416) Sanitary Sewer 90,366 4 (Excluding City Ptoj. No. 416) W atermain 84,276 -0- (Excluding City Proj. No. 416) Stone Sewer 67,434 -0- WJudimg City Proj. No. 416) Boulevard and Dminape Swale Sod 12,600 4 Midgation Pand Construction 4 -� Street Sums (6 x 150) 900 Site Gru ft and Drainage Improvmwb 2050200 -0- Pmt and Trail Improvement 16,394 -0- aDesign, Design,Admi Amfion, Impection, As-BuW 72.814 A TOTAL $6799603 $-0- Mat lite letter of credit required for the above items be reduced as detalled above from $152,850 to $0 (zero) to reflect the completed work. • RESOLUTION NO. 94.79 BEMAGE WOODS ESTATES SECOND ADDITION (890e7) PbP Two FU9 BB rr RBSOLVM flat the bonding requiremmu for the following items per Section 8.1 of the appeaved dcwebpmeat oontwct be mooed as fcllowa: w� Mdotooffince of lkveion and sediment Oootrd Plan Street Sweeping and Sloan Sewer Cleaning Crib: Latter of Credit No. 324: • $1,000 s 1,om $519000 $12,730 FUR11Et. BE IT P.MLVM that the unitary sewer, wamnado, storm mewer, street comtmction and concrete curb and gutter is accepted for condmal maintoomm u of Febnuq 7, 1994 subject to the One Year Ouaantee by the Developer. Adopted by the City Council on February 79 1994.