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HomeMy WebLinkAboutCity Council Resolution 1994-183WHEREAS, In a000sdance with the developmart comtraa dosed October 219 19929 Eugene R. Forbragd and Darlene R Forbragd, developer of Supt Hills Addition (92056)9 has agreed a inatall cardio improveareab for said development; ad WHEREAS, the devebper has completed a portion of the meet, utility and she grading as mooed below; and VAMIRBAS, the developer hat requested a reduction of the development bond to reflect the completed work; NOW, TENORS, BE IT HEREBY RESOLVED Sof THE CITY COUNCIL. OF THE CITY OF PLYMOUTH, MINNESOTA; that the bonding reclub ncen are reduced as follows: That the biter of credit requtmd for the above items be reduced as detailed above from $52,642 to $13,829 to reflect the canpkted work. Letter of Credit No. 10907 may be reduced accordtegly. ORIGINAL. AM01M NEW AM41aQ Street Construction (except City Froj. No. 301) $51s235 $10,247 Restoration - VkbWq Law/37th Ave. 9,280 -)- Sanitary Sewer .289595 4 WaWassia 21,595 4) - Storm Sewer 249435 40- Water=WStorm Sewer Vicks" La./37th Ave. 99007 4)- 4Boulevard Boulevardand Drainage Swab Sod 2,600 11600 Food or Ditch Constnuxion 4 4) - Street Signs (2 x 150) 300 4 Site Orading and Drainage ImpmvemaMs 25,720 -0- Park and Trail Imrpruvanents 4)- 4 settimg Iron Mommuots 29500 500 Design, Adminimatiom, InVection, As-Builn 2LM 1 U TOTAL $195,999 $139829 That the biter of credit requtmd for the above items be reduced as detailed above from $52,642 to $13,829 to reflect the canpkted work. Letter of Credit No. 10907 may be reduced accordtegly. n RESOLUMON NO. W 183 SUGAR HIMA ADDrMN 02M Pap Two FURTHER. B81T RESOLVED that the bonding requirmmu for the Mowing itmu per Secdw 8.1 of the approved drvelopment conuwt be r+e&iced u Won: • 7 r 1 (6111 %1 r I i.ry Mainterrmoe of Erosion and Sediment Control Plan Street Sweeping and Stam Sewer Cianing Cash: $11000 $1,000 Letter of Credit: $39100 13,100 FURTHER BE IT RESOLVED that the unitary sewer, waternain, and storm sewer condnwdoo is accepted for continual mslateuroe u of April 4, 1994 subjea to the Two Year Guam we by the Developer. Adopted by the City Council an Apri14, 1994