HomeMy WebLinkAboutCity Council Resolution 1994-080+1 MI 1 "+
+' 1: Lei
W13 IMAS, in accosdaooe with the development Contract dated July 121 1993, Lauika-Williams Fad
Line and the City of MinewpoW, developer of Parkers Lake Nash god Addition - Shenandoah Lor
Bxteotion, (93067), has gpeed to in all certain improvements for said devebpmeot and
W1 REAS, the developer has completed a portion of the street, utility and Lite grading u noted below;
and
NOW, IMMOn BB rr MMY RBSOLVBD BY TSB CFIY COUNC L OF 'PNB CITY OF
PLYMOM, UINNBSOTA; that the bonding requirements are redlumd as follows:
EM
ORIGINAL
AMQLIDIT
NW
AM0=
Street Comuucdm
$229,013
$ 43,803
Sanitary Saver
18,464
4
Salvage Removal dt Inatsllation
3,802
1,896
Watermain
155,984
4
Storm Sewer
183,911
36,782
Median Lodscapiog dt Irrigation
449093
309360
Boulevard and Drainage Swab Sod
129700
12,700
Draimp Pond Cooatnrctioo
-0-
4
Mitipt,on Pond Corratruction
930600
959600
Street Signa (1 x 200)
200
4
Site Grading and Drainage Improvements
114,383
11,438
Park and T mil Improvements
24,100
17,100
Setting Iron Monuments
4
4
Design, AdmWatration, Inspection, As-Builts
105.9
3=
TOTAL
$9880122
$2819891
That the letter of credit required for the above items be reduced as detailed above from $321,181 to
$281,891 to reflect the completed work.
RMOIAMON NO. 94- 80
PAit2.'3CRS LAKE NORTH VM ADDITION 90067)
Pap Two
FURTEM BE IT RESOLVED that the bonding requirements for the following haw per Section S.1 of
the appmad development contact be reduced u fdbws:
•C:7.
Ifainteaance of Broden and Sediment
Coatrd Plan Street Sweeping and Storm
Sewer Cleaning
Cub:
Letter of Credit.
• ' ttl I: '
$19000 $1,000
$23,000 $23,000
FUR.'*UR BE IT RESOLVED that the unitary ,ewer and watenoain condtruction k ,coapted for
continual maintenance u of Fdxuary 7. 1994 subject to the Two Year Gu motee by the Developer.
Adopted by the city Coundl on Febnnry ?. 1994.