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HomeMy WebLinkAboutCity Council Resolution 1994-706• WHEREAS, in w odance with the development coonact dated iuM 5, 1993, U.S. Home Oorporsidos, developer of Bsidlewood Phan 31d Addition (93021), has agred to Wall ceeain impearemems torr add and WHEREAS, the developer has oompbted a portion of the street, utility and she pr W ft as soled below; and WHEREAS, the developer has requested a seduction of the development bond to reflect the completed work; NOW, -11 BAORB, BE IT HIIREBY RESOLVED BY THE CITY COUNOL OF TIM CITY OF PLYMOUTH, MlNNBSOTA; that the bonding requiremaus are reduced as follows: ITU ORIOINAL AMIRM NEW AMOUNT Sheet Caorttuction Muspt City Prof. No. 304) $174,000 S-0- Sadtary Sewer (ftospt City Pmj. No. 304) 33,700 -0- Watesmain (Buspt City Pro. No. 304) 471,700 -0- Storm Sewer (Except City Prgj. No. 304) 641,200 -0- Boulevard and Drairape Swab Sod 10,400 2,400 Pond or Ditch Constnrction -0- -0- Su" Signa (S 1200) 10000 -0- Site Grading and Drainage Improvernemts 379188 290000 Pads and Tail Imprvvemmu 37,000 -0- SettLrg Iron Monuments 71350 -0- Dealp, Administration, Iagw lon, As -Badu ,91158 LM TOTAL s848,008 $350168 That the letter of credit required for the above items be reduced as d@WW above from $143,742 to $33,168 to reflect the completed work. Letter of Credit No. FOAC - 93052 may be reduced a000cftly. 0 RUOLUMN NO. 94-706 WMLZWOOD FARM 3RD AMMON MUu hPT" FURTM BE rr RESOLVED tot the boodfisg tegaisemwn for the followint items Per Section M of to sppto ed devebpmeot coo- - be n daoed u Mows: H:. b6i2leoanoe of BMdM and Sediment C OBW Plan Sheet Sweeping and Storm Sewer Claning Cub: Lettec of Credit: • , c„ s Isom $11000 $579000 $28j5oo PUR'IHM BE rT RESOLVED that Weer oomtmcdon end conczate crab and gutter ane aooepted for cosdnul mah" anae u of November 7, 1994 subject to the One Yar Ouanotee by the Developer. Adopted by to City Council on November 7, 1994.