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HomeMy WebLinkAboutCity Council Resolution 1994-792• WHEREAS, in accordance with the development 000tnot dated February 29 19939 LmWpea Bra. Comtuctloa, Inc., developer of OwchM Firms Sth Addition (93005), hu speed to imfall certain improroem ots for aid developmeor and T A MUMg the developer has completed a portion of the weal, utility and site g6 u noted below; and WHEREAS, the developer has requested a reduction of the development bond to reflect the completed wolk NOW, THEREFORE, BE IT MMMY RESOLVED BY Tim CITY COUNCQ. OF THE CP1Y OF PLYMOUTH, I CNNESSOTA; that the booding requirements are reduced as Mown: �L ORIGINAL AMOLT NEW AMOUNT Street Coostmaion S 53,400 s -0- Sanksq Seger (Buhading City P14. No. 206) 24,000 -0- Watermain (Bubding City Prof. No. 206) 190900 -0- Storm Sellar 21,400 -0- Boulevard and Drainage Swab Sod 3,400 -0- Food or Ditch Constnrotbo Food -0- -0- Street sigm (0) -0- -0- Site Grading and Dnimge Improvements -0- -0- Park and Tail Improvemew 7,200 -0- Sddeg Iron Monuments 21000 -0- Deign, AdmWeration, Inspection, As -Buff Lisp A TOTAL $146,704 s 0 That the latter of reedit squired for the above hems be reduced u detslled above h m $16,770 to $0 (Hero) to reflect the oonrpieted Mork. Letter of Credit No. 930526•IA may be reduced aocordlogly and Mill be released by the Pimnoe Department. NB$OLUMN NO. 94- 792 Cfl - - - - RML FARIA SM ADDITION 03M PaPTwe FURTHER 281? RESOLVED that tha boaft mquitemom fbr the folio ring items per Section 8.1 of tie appeored dwelopmeet c -I , I be reduced M foaows: Mainmaaoce of Beodon sod Sediment Cowd Phn Street Svmgft and Stoem SOWN Cleenios Cash: Letter of Cted@: 6 FURTHER BE IT RESOLVED tont the area coowvedon and concrete curb and Sutter b accepled for coodwd maintenance as of December S, 1994 s *im to the Two Year Oustanee by the dricioper per Maioleoanoe Bond No. S195349. Adopted by the City Council on December S, 1994.