HomeMy WebLinkAboutCity Council Resolution 1994-801•
RESOUMON NO. 0& 801
REDUCM DZVZWPbU= BONDI
' .1 :w• .�' I II 1 1 1 1' i .
WI U BAS, in ==dance with die development contract dated July 12, 1993, Lwlda-WMhma Padmn
Labe and the City of MiooeapoW, developer of Parbets Labe North tad Addition - Shenandoah Lane
Bdandoa, (93067). has agreed to install certain improvareat: for aid development; and
Wil RBAS, the daveloper has completed a portion of the meet, utility and do grading as noted below;
and
:Itl� 11 - I � 1 I . I -I .I .11 rl I 1 I I - I . 1 111 �1 I I I I 11 .r 11 . •I II I .I.I
NOW, SORE, BE IT HEREBY RESOLVED BY THE MY COUNCIL OF THE CITY OF
PLYMOUTH, ROTI! ; that the bonding requirements are reduced as follow:
ITS
OMINAL
AM
NEW
AMOtRff
Street Construction
$229,013
$ -0-
Sanhazy Sewer
18,464
-0-
Salvage Removal do Installation
3,802
-0-
Watermain
155,984
-0-
Storm Sewer
183,911
-0-
Median Lndwspiog & IrriSstion
440093
-0-
Boulevard and Drainage Swale Sod
120700
-0-
Drainage Pond Coomuction
-0-
-0-
Mitigation Pond Construction
950600
-0-
Sum Sig= (1 x 200)
200
-0-
Site Omding and Drainage Improvements
1149303
-0-
Art and This Improvements
24,100
-0-
Setting Imn Morwmeots
4
4
Design, Ao uieistcation, Inspec"s, As -Bulla
1005.9
LM
TOTAL
$988,122
$2,000
That the letter of credit required for the above items be reduced as detailed above from 592,493 to $2,000
to reflect the completed work.
•
RESOUMON N0.94` 801
PARKCRS LAKE NORTH 2ND ADDITION CO
Pop Two
Ff:TB MER BE IT RESOLVED tot the bonding requirements for the fol mft items per Section 8.1 of
the appwved drnkVom contact be reduced as folbm:
n -' �9-
bbboosooe of Braion and Sediment
Cont d Plan Street Sweeping No Storm
Sawa Omni"
Cash: $10000 s1,000
Letter of Credit: $23000 $Sam
iiJR1�t BE PP RESOLVED that the sanitary sewer, Maternuks amd scam server construction is
accepted Por continual mdmtsoamoe u of Deosmbw S, 1994 wbject to the two yea guanmtee by the
Developer per Mdntwroce Bond Na BNS 1424003 and the street construction and concrete curb and
Sutter is accepted fat coodmual mahmeaamoe u of December So 1994 whject to the one year guarantee by
the developer per Maimtcmruoe Bond No. BNS 1426269.
Adopted by the City Council on December S, 1994.