HomeMy WebLinkAboutCity Council Resolution 1994-217•
RESOLUTION NO. 94-217
REDUCING DEVBLOP1VliM BOND
ROCKFORD ESTATES ADDITION (93006)
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WHERRM, the developer bas oompk ted a portion of the area, utility and site grading as noted below;
and
WHBRBAS, the developer has requested a reduction of the development bond to reflect the completed
work;
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That the letter of credit required for the above items be reduced as detailed above from $188,541 to
$131,612 to reflect the completed work.
•
ORIGINAL
O
s� NEW
AM
ORLiLfLLL
Street Construction
$1169160
$659658
Sanitary Sewer
45,229
9,046
watermain
60,686
12,137
Stony Sewer
40,313
8,063
Boulevard and Dr bwW Swale Sod
6,300
61300
Mitigation Pond Construction
-0-
-0-
Dminage Pond Construction
-0-
-0-
Street sign: (3 x 200)
600
600
Site Grading and Drainage Improvements
63,537
129707
Puk and 'hail Improvements
-0-
-0-
Setting Iron Monuments
30000
31000
Design, Administration, Inspection, As-Builts
4am
ILL
TOTAL
$3769124
$131,612
That the letter of credit required for the above items be reduced as detailed above from $188,541 to
$131,612 to reflect the completed work.
•
•
RESOLUTION No. 94.217
ROCKFORD ESTATES AMMON (93008)
PbP Two
FURTHER BE IT RESOLVED that the boading requirements for the following items per Section 8.1 of
the approved development ooetraet be reduced as follows:
ell
. „ , ►.r . „ , ►.r
Maintenance of Brosion and Sediment
Control Flan Street Sweeping and Stonn
Sewer Cloning (See Grading Permit No. 55899
For required financial 8uamme) $10000 $10000
Crib:
Letter of Credit No. 11513: 209000 209000
Adopted by the City Council on April 18, 1994.