HomeMy WebLinkAboutCity Council Resolution 1994-712•
>RBSOUMON NO. 94.712
>RZDUCING DEVZLOPNM TP BOND
WUD WDIGS 4Tf3 ADDITION (89070')
WHEREAS, in a000rdaooa wilk tlse davebpmeat cc is chord Jane 30, IM, David C. Bell Iavowneat
C=VM and Devrin Bidide», Inc., developers of wild wisp 4th Addition (89060). has agreed to
Install certain improvements for said devebpme C and
WH REAS, the developer has completed a portion of the street, utility and site gwdiog as noted below;
and
WMEAS, the developer bu requested a reduction of the development bond to reflect the compiled
wodq
NOW, TiiBRBPORB, BE IT HEREBY RESOLVED BY THE CITY COUNCB. OF THE CITY OF
PLYMOUTH, bUNNESOTA; that the bonding requuem ata are reduced as follows:
rE
street Couaw«ion
San" sewer
watermain
Storm sewer
Boulevard and Drainage Swak Sod
Pond or Ditch Constnmcdon
street Signs
Site Grading and Drainage Improvements
mark and Tian Improvements
Design, Administration, Inspection, As-Builts
KC,0
.„• ►.r .„• ►Ari
$106,160
-0-
89,262
4
81,639
4
13,436
4
4)-
0-4-600
4-
600
-)-
(Grading Permit No.
176831swed)
(See Sec. 13.1 wile wings 3rd Add.
Dev. Contract)
35.174
A
$333,891 S-0-
Tha► the letter of credit requirad for the above items be reduced as detailed above ftom $1,668 to $0
(sero) to reflect the completed work.
9
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1R>P IAMON N0.94. 712
MM WINGS 4TH ADDnMN (49060)
Pop Two
FURTIM BE IT RESOLVED that the boodinj mgWnmeots for the folbwioj items per Section 8.1 of
the approved dsvabpumm Dont--- be re&md as follows:
Maingeoaoos of IRM * Mn aid Sedins"
Coo -td Phnt Sties- Sweepin and Stoem
Sewer Clesaft (See Oraftq Permit No. 17583
for required financial pnaranteas for these items)
Cash:
Letter Of Credit:
Adopted by the City Council on November 7, 1994
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