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HomeMy WebLinkAboutCity Council Resolution 1994-3741 1 •1 I 1 + 1 ,I + 1 II w1MEA.49 is acoorda= of b the development cool= darned lune 16. 1992. 'litres Stat Tmcibig and 'Ibaoaa Pbber, developer of Greenwood Ponds Addition (91M. has agreed to b" certain improvamernta for said dwelopmeot; Gad WMMEAS, do developer hes completed a portion of the meet, utility and sloe gtadbg as named below; and VAREIR A5, lite developer has requested a redlretios of the development bond to reflect the completed wort; NOW, TIBIREPORB, BE IT EMERY RESOLVED BY THE CITY COUNCIL OF THE CPIY OF PLYMOUTH, IMNBSOTA; that the boadimg requirements aro reduced as follows: E( ORIGINAL NEW Street C ulbuc tion $ 41,842 $049184 Sanitary Sewer 189900 •1,890 watermain 199500 016950 Storni Sewer (adu ft City Project No. 016) 6,300 • 630 Boulevard and Drainage Swab Sod 29000 29000 Pond or Ditch Cnmatnm:dm 4 -0- Street Sign (2 s ISM 300 -0- Site Site Gra ft and Dminage Improverawts 509000 12,500 Paris and Trail Improvements 19320 19320 Design, Adminimation, Inspection, As-Builts 16.819 _LM TOTAL $1566981 $29,410 That the letter of credit required for the above items remain as deviled above at $29,410 to refl.ct the completed work. 0 C7 RESOLUTION NO. 94- 374 GREENWOOD PONDS ADDITION (91057) P11p TWO rUrI i m BE. rr RESOLVED that the bonding requirements for the following items per Section 8.1 of the approved development contract ba reduced as follows: I1� ORIGLNAL NEW AM Maintenance of Erosion and Sediment Control Plan Strut Sweeping and Storm Sewer Cleaning Cash; 519000 519000 Fetter of Credit No. 92-7: $99400 $29000 • In accordance with Resolution No. 94.111 the improvements were accepted and punruant to the developer's request, a 10% retainer is being held in the required development bond for the sanitary sewer, watermain, storm sewer, street construction, and concrete curb and gutter in lieu t - f the required maintenance bond. Adopted by the City Council on July 11, 1994.