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HomeMy WebLinkAboutCity Council Resolution 1995-397RESOLUTION NO. 9.9f. 397 REDUCING REQUIRED FINANCIAL GUARANTEE PARKEItS LASE NORTH ITU ADDITION (42071) WiiBRSAS, in accordance with the development contract dated September 230 1992, I.aukka-Williams Pukers Lake, developer of Parkers Labe North 8th Addition (92071), has agreed to install certain improvements for said development; and WIIffitBAS, the developer has completed a portion of the street, utility and site grading as noted below; and WHEREAS, the developer has requested a reduction of the required financial guarantee to reflect the completed work; EM ORIGINAL AMQIIriT NEW AMQL�T ( Street Construction S 65,681 $ -0- Sanitary Sewer 28,771 -0- Watermain 31,470 -0- Storm Sewer -0- -0- Boulevard and Drainage Swale Sod 21100 -0- Pond or Ditch Construction -0- -0- Street Signs (3 x 150) 430 -0- Site Grading and Drainage Improvements 12,400 -0- Park and Trail Improvements 240 -0- Setting Iron Monuments 2,400 -0- Design, Administration, Inspection, As-Builts 16.927 A TOTAL $160,389 $ -0- That the required financial guarantee for the above items be reduced as detailed above from $2,000 to $0 (zero) to reflect the completed work. RESOLUnON NO.9S- 397 PARHIERS LAKE NORTH STH AMMON (92071) PhP Two :1:1' :\ • CIS I 1 - 1'1 1 T711 �1. . 1 1 -61,j 1 X11 1 1 I 1- �1 -1 1 1'1:11 -•1 r� 1 I M 1- -I-/ 1 r r-1„ • • n � Watemnce of Bronion and Sediment Control Plan Street Sweeping and Stoma Sewer Claming Cub: $10000 $-0- Letter of Credit: $59600 S -0 - Adopted by the City Council on July 11 o 1995. .4