HomeMy WebLinkAboutCity Council Resolution 1994-6450
+1 MI 1 -AV C 4", Ik, 141 I
WMW AS, in accordance with the devdopowo contract dated lune 30, 1994, U.S. Homes C=poMdM
developer of Wewbaw* tad AdMon (94M, has apeed to mail certals improvemew for aid
daveiopesON4 wad
WHBBBAS, the drifter has completed a porion of the weer, utility and die graft as noted below;
Md
VIEMRBAS, the developer bas requested a reduction of the development bond to inflect the completed
work;
NOW, +I10WJWORB9 BE IT HERlIBY RESOLVED BY MM CTTY COUNCE. OF THB CITY OF
PLYMOUTH, Ir NMOTA; that the boo ft requirements aro reduced as follows:
EML
ORIGINAL
AMOUNT
NEW
eMQ@1T
Street Comtrucdon
53429000
SIM1000
(ftchWio8 City Prq. No. 308)
Sanitary Sewer
183,000
4)-
Waiermain
13000
4 -
Storm Sewer
46,000
4 -
Boulevard and Drainage Swale Sod
22,000
22,000
Mitigation Pond Conwucdon
-0-
-0-
Sediment Pond Construction
39700
-)-
Street Suns (9 x 200)
10800
19800
Site Or"M and Drainage Improvement
240,300
140,300
Pant and Tail Improvement
11,700
61700
Settios Iron Monument
71000
3,500
DWp, Administration, Inpectioo, As-Auiha
119,220
31156
TOTAL
$1,112,720
5309,456
That the letter of credit required for the above items be reduced as detailed above from $1,112,720 to
$3090456 to reflex the compMed work. Letter of Credit No. FOAC-94073 maybe reduced acconftly.
9
1t>1ROI UTION NO, 94- 64S
wzff zRANCH 2D ADDITION 0404.
Pap Two
FUR7MUt BE re RWMVED that the boodio0 ngAnmeob for the fallowing items per Section S.1 of
the approved davelopmeat compact be eednoed as follows:
ren
Maintesssoe of A r 0 na and Sediment
Control Pins Street Sweeping end Storm
Sewer Ckaniog (See Gradiq Permit M.
59294 far Aaa wW guataroee rawbements)
Cash:
Letoer of Credit:
•C' (II I:
(II I.r
� MI
P11RTEMM BE IT RZOLVBD that the uWtwy sewer, wate<mais, and storm sewer co mucdon is
accepted for continual maintemnos as of October 17, 1994 subject to the Two Year Gumusee by the
Developer per Mainteoaooe Bond No. 54-71277.
Adopted by the City Count l on October 17, 1994.