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HomeMy WebLinkAboutCity Council Resolution 1994-445ABSOLUTION NO. 94- 44S REDUCING DZVIILOPhfgNT BOND DZERWOOD TRANS ADDITION (UKQ WROMAS, in a000sdanoe with the development coutsud dated Sgttember 1, 1988. Edward T. Johnston and Bvonne L. Johnston, developers of Deerwood Trails Addition (88016), bas &peed b imlall owtdn improvements for am development; and WI MWj the developer has Completed a portion of the :treatq utility and sive padiot as noted below; ad WMBAS, the developer has requested a reduction of the development bond to relict the completed Work NOW, 7H13RIWORB, BB IT HMMY RBSSOLVBD BY THB CRY COUNCIL OF THB CITY OF PLYMOUTH, ). 'NMO?A; that the boo ft requirements aro reduced as fdlows: .„• No Street ConsuuWon s"0000 Sanitary Sewer 176000 watesmain 170109 Stone Sewer 23,700 Boulevard and Dmimp Swab Sod 49400 Pond or Ditch Conmuction -0- Street Suns -0- Site Oradin8 and Draimp Improvements 309600 Pads and Trail Improvements -0- Deftag Administration, InVoicxbn, As-Builts am TOTAL $168,896 -0- -o- -o- -0- -0- -o- -0- -0- $4 That the letter of credit required for the above items be reduced as detailed above from $3,360 to $0 (aero) to rdlect the completed work. Letter of Credit No. 2938 may be rid aocordin8ly and will be released by the Finance Department. RML T1ION No. 94. 44S DMMWOOD'1RAM ADDIMN MMQ Pap TWO PUR19Ht BE 1T RESOLVED that the boodiut raquinmmu for the following items per Section 8.1 of the appeoved developmeet oom act be redooed m follow: 113ahn00 of Bloaion and Sedimeat Cowl Plan Sheet Sweeping and Seom Suver Cleaniot Cub: $1000 $19000 Letter of Credit: $16.400 $-0- Adopted by the City Council on August 1 j 1994