HomeMy WebLinkAboutCity Council Resolution 1994-127•
CITY OF PLYMOUTH
BBSOLUTION NO. 94_ 127
REDUCING DEVBLOPNMgT BOND
HERITAGE RIDGR PLAT TWO ADDITION (8"36)
WENEAS, the developer las completed a portion of the street, utility and site pm ft as noted below;
and
i:�..7-77 a
, • ,
toll
NOW. 'Iii REFORLI, BE PI' H RWY RESOLVED BY THE CITY COUNM OF THE CITY OF
PLYMOUTH,MINNESOTA; that the bonding requirements aro reduced as follows:
Street Construction
Sanitary Sewer
Wateimain
Storm Sewer
Boulevard and Drainage Swale Sod
Pond or Ditch Construction (included with grading)
Street Sips
Site. Grading and Drainage Improvernem
Past and Trail Improvements
Design, Administration, Inspection, As-Builts
TOTAL
••14 W
F.1 ,, • 1.r .l\ • i.r
$95m400
$-0-
72,500
-0-
60,000
-0-
56,600
-0-
7,600
4
-0-
4
600
-0-
80,000
-0-
-0
-0-
.".724
$417,424 $-0-
TWI the letter of credit required for the above items was previously reduced from $73,494 to $0 (zero) to
reflect the completed work. Letter of Credit No. 6630/4343 WPG was reduced accordingly and was
returned by the Finance Departmeat.
0
1 1MOLLMON NO. 94-127
RAGE RIDCS PLAT TWO ADDITION (89006)
P*P Two
FUNTIM BE IT RESOLVED that the bonding requirements for the following items per Section 8.1 of
the approved drialopmeot oonhact be reduced as follows:
ir�
Maintenance of Erosion sod Sediment
Control FM Street Sweeping and Storm
Sewer Cleaning
Cash:
Later of Credit:
•� .rv 1. 41r
$ 11000 $10000
$319900 $
4) -BE
rf RESOLVED that the letter of credit required for the Maintenance of Erosion and
Sediment Control Plan, area sweeping and gum sewer cleaning is re&roed from $2,500 to $0 (aruo) and
may be reduced accordingly. Letter of Credit No. 6330 - 4060 WPO will be rewrnod by the Finance
Depaemeo1.
Adopted by the City Council on March 7, 1994.