HomeMy WebLinkAboutCity Council Resolution 1994-795•
RESOLUTION NO. 94.795
REDUCING DZVZLOPN OWT BOND
THE PONDS AT BASS CR>KC ADDITION (03106)
W®tEAS, in accordance ahh the development contract dated July 15, 1994, McBnater Co., LLC,
developer of The Pends at Bass Creek Addition (93106), has agreed to MOM certain impsovem o for
am amdopmen4 and
VIBEMEAS, the developer has completed a portion of the street, utility and site grading as noted below;
ad
WI REAS, the developer has requested a r+educdon of the development bond to reflect the completed
NOW, 'IiIEREPORE, BE IT HEREBY RESOLVED BY THE C1TY COUNCIL. OF THE CITY OF
PLYMOUTH, WDMESSOTA; that the bonding requirements are reduced as follows:
EM
ORIGINAL
NEW
AM
a IOUNT
Street Construction
$ 78,420
$ 782420
Sanitary Sewer
501290
10,088
WaWmaia
460046
91209
Storm Sewer
24,03.5
40807
Boulevard and Drainage Swale Sod
5,000
51000
Ml SUWn Pond Construction
14,400
61000
Sediment Pad Consauction
30880
776
Street Signs (2 x 200)
400
400
Site Grading and Drainage Improvements
49,800
90960
Emergency Access
81100
86100
Parti and Trail Improvemaw
-0-
-0-
Wedend Buffer Delineation Few
1,600
10600
Setting Iron Monuments
11878
1,873
Design, Administration, Inspea on, As -Bouts
,3L702
13.9
TOTAL
$314j548
$ 149,189
That rite letter of credit required for the above Items be reduced as detailed above from S314j%8 to
$149,189 to reflect the Completed work. Letter Of Credit No. 1437-9408 A may be reduced accordingly.
C
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RB8OLumN No. P& 795
Mw Pba I at Bast Crank Addition (93106)
PnA Two
FUR1HIM BE IT RESOLVED that the bonding requirement for the Mowing items pec Section 8.1 of
the approved development contract be reduced u follows:
r•=�, • � c�i is
. , •A i.r u, NO
1Nainmunce of Brotlon and Sediment
Cootrol Plan Street Sweeping and Slum
Serer Cleeaiog
Cub: s 11000 $16000
Latter of Credk: $14,400 $14,600
Adopted by the City Council on December S. 1994.
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