HomeMy WebLinkAboutCity Council Resolution 1994-758WHMIAS, is accordance with tie development cootnct dated July 129 1993, LaddwWftms Paelmn
Was developer of Parkers Talon Naeth 9th Addition - Uplands Area (93067), has agreed 10 b" oeetda
inprwemeat for aid development; and
WIBAS, the developer has completed a portion of the street, utiiky and site gmft as noted below;
Md
WEMW, the developer bas requested a reduction of the development bond to reflect the completed
work;
NOW, 'ICOM BE IT EMMY MOLV® BY TIS Crff COUNCIL. Op Tim C1TY OF
PLYMOM, ?ADO SOTA; that the bonding requirements are reduced as Mows:
ins
OIUMNAL
AMOUNT
NM
AMOZ�iT
Std C
$ 84,231
$16,846
Sanity Sewer
23,672
4,734
Wahwalln
60,310
12,062
Storm Sewer
419914
8,384
Boulevard and Drainage Swab Sod
-0-
-0-
Drainage Pood Coostructim
-0-
-0-
Mitigation Pond Comdmatim
4
-0-
Street Signs (2 x 200)
400
4
Site (trading and DnieW Improvement
72,02.5
-0-
Park wad Trail Improvement
160
4
Setting Iron Monuments
11500
-0-
Design, Administration, Inspection, As -Built
34AGS
5.043
TOTAL
$3189317
$470069
That the letter of credit required for the above items be reduced as detailed above from $65,653 to
$47,069 to reflect the completed work.
ZWLUMN NO. 94. 758
PAPJ= LAM NORTH FM ADDrMN 033
Pap Two
PUR1HEIR U IT RESOLVED thea the bw ft regoh menti for the fodowfos kt per Section 8.1 of
the epproMed deaelopmeat coonact be tednce I u foil nm'
(Vvi
lifiot0eeece of »mdm end somm"
Coated Bbn Street SMeeft end storm
SOWN Cb ft
Cub:
Cellar of cremt:
Adopted by the City Council on November 21. 1994.
$19000 $10000
$23.000 s11,S00