HomeMy WebLinkAboutCity Council Resolution 1994-703RISOLUTION NO. 94-703
REDUCING DBVZLOP114SM BOND
ZRIDLZWOOD FARM ADDrMNi 0:)
WHB MAS, in accordance with tba development MOM dated Juno 69 19919 and revised Sapleober 49
1991► U.S. Homo Corpast mk developer of Bridlewood Farm Addition (90028)► hu agreed to bMB
certain lmprdvements fbr acid development; and
WHBREAS, the developer has completed a portion of the sheet► utility and the padhs8 as noted below;
and
NOW, TiI MOM BB TT EE MY RWMVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MWNBSOTA; that the boo ft requiremeob ane reduced as follows:
®L ORIGINAL NEW
AMOUNT AMOUNT
Street Construction 5178,loo S -0 -
Sanitary Sewer 2339700 -0-
Watermain 177,9000 -0-
Storm Sewer 36,300 -0-
Boubvard and Deioase Swale Sod 4.600 -0-
Pond or Ditch Construction 4 -0-
Site Grading and Draimp Improvements 233,000 4
Parti and Tail Improvements 2►000 4
Dedget Adminishation, Inspection, As-BuUb LVJW A
TOTAL $932,896 $4
• Does not include watermain over 8 inches in diameter that will be reimbursed to the
developer. Estimated amount between 8 inch and 12 inch is $14,8% and estimated amount
of 12 inch south of plat is $90930.
That the letter of credit required for the above items be reduced as detailed above from $6►272 to $0
(sem) to reflect the completed work. Letter of Credit No. FOAC-91028 will be released by the Finance
Department.
•
RESOLUTION No. 94_703
BRMLICWOOD FARM ADDITION (90004)
Pap Two
FURTHER BE IT RESOLVED that the boa ft requiramain for the faming items per Rection 8.1 of
the approved developmw contract be reduced u follows:
• -I
bilinlemwe Of Broebn and Sediment
Control Plan Street Sweeping and Storm
Seger cleaning
Crib: $11000 $-0-
Letter of credit: u oOM S -0 -
Adopted by the City Council on November 7, 1994