HomeMy WebLinkAboutCity Council Resolution 1994-709•
REWLUMN NO. !4.709
EIDUCING DEVIQAI!114IiT T BOND
BABE LAIZ HII.LS ADDrfM (99090)
TIMMBAS. in accordsioe with the derelopewo contract dated April 18, 1909, revised June 1S. 191190
CSM Corpomdm and Graham Deva *MM Company, developer of Baa Labe HIM Additioa (88060)r
has gpud to Wadi certain improvements for aid development; aid
WHIMIA39 the developer has completed a poo:on of the atvok utility ad dee grading as nosed bebw;
and
WMRBAS, the developer has requeaoed a reduction of the development bond to refloat the oompieled
wodq
NOW. TMEPORE, BB 1T KBIMBY RBSOLVED BY THE C1TY COUNCQ. OF THE CITY OF
PLYMOUTS, Tt DMMOTA; that the boodin8 requirements are reduced as follows:
7hat the biter of credit required for the above items was previously reduced to $0 (zero) a detailed .boys
to reflect the completed work.
ORIODIAL
Aa[4�II
NEW
AMUNT
Street Construction
$82,000
$-0-
(Don not include Prof. 416)
County Road 47
329540
4)-
Sanitay Sewer
50,786
4)-
Watermain
108,730
4
Storm Sewer
129,170
-)-
Boulevard aid Drainage swab Sod
79700
-)-
Pond or Ditch Construction
4)-
4)-
(Inc1. with Gradiog)
Street Signs
450
4
Site Grading and Drainage Lnprovements
405,000
40-
M and Trdl Improve nau
4
4
Dedgn, A&"ddration, Inspection, As -Bulb
100.367
A
TOTAL
$9360763
$40-
7hat the biter of credit required for the above items was previously reduced to $0 (zero) a detailed .boys
to reflect the completed work.
>RUOLIrrM N0. l4-709
DABB LAM I®d8 ADDITION AN)
Pap Two
FUM88 IT RESOLVED that the boo ft ragdmmeete for the Mowbg Ul Per Section 8.1 of
the eppgo%*W deMI'm pram" t ooahact be reduced u follows:
bin&== of Broeba and Sediment
COahoi Pin Sheet Sweepki and Storm
Cub:
Letter d Credit:
'rim is
$1,000 $4
$219000 $-c-
FURTEOM 38 IT RESOLVED that the required flnswW pu mme for bfaieteosaoe of Droeioa gad
Sediment COW Plea It reduced ft m $19000 cub to $0 (sero) with Letter of Credit No. 11310, being
reduced tram $10500 to $0 (=go). The letoer of credit will be mleseed by the Plame Departmaot. A
ae,6.yrel�WW of the Limb remaining from Me $1,000 cub deposit wM be pmoccusd sod redrrned 10 the
Adopted by the Cky Council on November 7, 1994