HomeMy WebLinkAboutCity Council Resolution 1994-757•
RESOLUTION 1
• :1 :w• :� 1 11 1,1 1 �'x i
WiiMW, in a000edance witb the development contact dated July 129 1993, I swift-WWiam Porkers
Lake and the Cky of MimeapoW, developer of Fadm a Labe Notth tad Addition - Shooendosh Laos
Dcteosion, (9306'n, has agreed to ban certain improvement: for said development; god
WHEREAS, the developer has completed a portion of the street, utility and site grading as noted below;
and
WHEREAS, the developer hu requested a reduction of the development bond to reflect the completed
wodr,
NOW, TIEBREPORB, BB IT i ERMY RBSOLVBD BY THE QTY COUNCIL OF THE CTTY OF
PLYMOUTH, IOTA; that the bonding requirements are reduced as follows:
II�5
ORIGINAL
dM4LlLQ
NEW
AM4IIIIT
Street Construction
$229,013
$ 43,803
Sanitary Sewer
18,464
4
Salvago Removal dt Installation
39802
-0-
Watermain
155,984
-0-
Storm Sewer
183,911
369782
Median Landscaping a Irrigation
440095
-0-
Boulevard and Drainage Swale Sod
12,700
4
Drainage Food Construction
4
4
MWpdon Fond Comteuction
95,600
4)-
Strsat Signs (1 x 200)
200
4) -
Site Grading and Drainage Improvements
114,383
4) -
Fart and Trail Improvements
24,100
4) -
Setting lion Mommnwo
4
4) -
Design, Administration, Ingwdon, As -Bunts
105.9m
LM
TOTAL
$988,122
$929493
That the letter of credit required for the above items be reduced as detailed above from 5281,891 to
$92,495 to reflect the completed wort.
•
nooLUTION No, 94- 757
FARE= LASE NORTH 2ND ADDrMN 03M
rap Two
FLWnM BE 1T itEUVED that the boo ft regrdremeats for the Mowing items per Section 8.1 of
the approved development contract be reduced u follow
rra. • ciI
• I I i%r i.r
IKaiooenaooe of Brodon and Sediment
Control Plan Street Swcong and storm
Surer cleaoiuS
Lader
/ CCa�s�h:: N$.1�,/0y0y0� (�$�190y0y0�
Lade Of Crad . $23oODV $239000
Adopted by the ( by C==U on November 21, 1994.