HomeMy WebLinkAboutCity Council Resolution 1994-798RESOLUTION NO. 94.798
REDUCING DBVBLOPNMW BOND
PARffitS LABS NORTH STS ADDMON VWM
TA BREAS, in accordance with the development contract dated Sq$mg er 23, 1992, Lwldra-WWiama
Partes Late, developer of Paeloeu Laine Noah Sth Addition (92071)9 has agreed to iutall certain
kwe vemeob for aid development; and
WHEREAS, the developer has completed a portion of the weer, utility and aloe grading u noted below;
and
WiIDRBAS, the developer hu requeded a reduction of the development bond to reflect the complowd
world
NOW, SORE, BE 1T H MY RESOLVED BY THE C17Y COUNaL OF THE C17Y OF
PLYMOUTH, MINNESOTA; that the bondir f requirement: are reduced as follows:
Em
ORIGINAL
AM4i�
NEW
AMOUNT
Street Congnicdon
s 65,681
s -0-
swum saws
28,721
-C -
Watermain
319470
-0-
sum Sewer
4
-0-
Boulevard ad Drainage Swale Sod
2,100
4
Pond or Ditcb Coasuvcdon
-0.
4
Street Signs (3 x 13%
430
4
Sine Grading ad Dmieage Imp mvemew
12,400
4
Park and Trail Imp avemeob
240
4
Sattiog Iron Mom meob
29400
-0-
Dedge, Admi amdon. Inap Wm, As-Bui1b
HM
LU
TOTAL
$160,389
$ 2,000
Thtt the Isder of cfedk required for the above items be reduced u detailed above fiom $34►934 to $2,000
to , efbct the completed work.
:MOIAMN N0.94- 798
PARZt0 M I.AZIC NORTH 8TH ADDITION 02&M
Pap Two
FURTHER BE, IT RESOLVED that the booft requteemeets fa the loDowtop $nems per Section 8.1 of
the approved development oomuW be $educed u follows:
r�
MaioDenssce of &ostoa w d Sediment
Control Pdn SbW S"ft and Stam
Srww Cleanisp
Cub:
Fetter of LNI tt.
• -i
•; i.r •: i.rM
$1,000 $-0-
$50600 $-0-
FURTHER AB rr RESOLVED that the unitary sewer, waWmein, sod stoem sewer cooWucdon is
awspl0d Por coodnul mdstenaaoe u of Dsosmbw S, 1994 Wbject to the two yar puuantee by the
Developer Per Mah temm Bond No. BNS 1426256 and the gmet 000struction and ooscrete nub and
SOW is accepted tar 000d" MAW== as of December S, 1994 subject to the one yar puamme by
the Developer per M daftesm Bond M. BNS 1426256.
Adopted by the My CouscU on December S, 1994.