HomeMy WebLinkAboutCity Council Resolution 1994-537WHWtBAS, in aooadance with the development contract dated ltfarcb 4, 1994, Ltmdgran Bra.
CoaKrucdoa, Ino., developer of Heather Roo 2nd Addition (91016), has speed to In" certain
imp+oveeeatt Icor aid development; and
WHL®tBAS, the developer has completed a portba of the sheet, utility and site raft as noted below-,
and
WIEBRBAS, the developer has requested a red wdm of the development bond to reflect the completed
Mork:
NOW9 SORE, BE IT HERMY RESOLVED BY THE C17Y COUNCIL OF THE CITY OF
PLYMOUTH, bMNBSOTA, that the bonding requirements are redooed as follows:
That the letter of credit required for the above items be reduced as detailed above from $3289304 to
$799154 to mflect the completed work. Latter of Credit No. 28466-D may be reduced aocor+dingly.
0
ORIGNAL
A�43alT
NEW
AMOUNT
Street Comte ction
$127,000
$239400
Sammy Sewer
360000
-0-
Watamain
67,000
-0-
storm Sewer
609000
-0-
Bmlevard and Drainage Swale Sod
59000
89000
mitigation Pow Coowuction
-0-
4
Sediment Pond Coostnrction
469000
9,200
Street Sigro (1 x 200)
200
200
Puking Lot for Park
6,000
1,20D
Site Oradhig and Drainage Improvements
1061000
219000
Put and Trail Improvements
13,300
2,700
Setting Imo Idoarmeots
30000
3,000
Deaigo, AdminiWatioo, Iospection, As-Builta
54.604
8.484
TOTAL.
$325,304
$79,194
That the letter of credit required for the above items be reduced as detailed above from $3289304 to
$799154 to mflect the completed work. Latter of Credit No. 28466-D may be reduced aocor+dingly.
0
RUOL TT1ONl NO. 94. 537
a imm RUN 2ND ADDMM OMS)
Pale Twe
FURTHER W IT RMMVBD that the bra ft requirmeeb for the fbNowiai items per Sudn A. l of
the approved devebpmeet ooertract be tedeoed as followc
w��
Maiateaaooe of 1R m * m and Sediseet
CoWd Plea Street Swreqft and Storm
Seaver Cieasios
Crib:
boor of Credit No. 28466.8:
•"1 t'1 I:
I VI
$1x000 :1.000
$20.000 $20,000
FURTHER BE IT RESOLVED that the saWtary Surer, wmeraaie and storse server comanwdom Is
acaepMd for corAW l embftu wo as of Sgmmber 129 1994 subject b the Two Year Oaawmee by the
Developer per Mahmmeaoe Blood No. 540-70056.
Adopled by the City Council on Samember 12, 1994.
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