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HomeMy WebLinkAboutCity Council Resolution 1996-228• CITY OF PLYMOUTH RESOLUTION % - 228 REIMBURSING DEVELOPER FOR REQUIRED STREET AND STORM SEWER CONSTRUCTION XENIUMNINEWOOD LANE CITY PROJECT NO. 214 WHEREAS, the City of Plymouth and JANCO, INC. have entered into a development contract dated December 11, 1995 for the development of French Ridge Park Addition; and WHEREAS, as part of this development, the developer was require.1 to construct Xenium Ninewood Lane in French Ridge Park Addition in order to conform with State Aid standards for street construction; and WHEREAS, the work is 80% completed as certified by JANCO, INC. engineer as detailed in the approved plans and specifications; and WHEREAS, this amounts to $120,054.40. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: That the developer, JANCO INC., is to be reimbursed in the amount of $120,054.40 in the construction plans and in accordance with City policy, BE IT FURTHER RESOLVED that the funds be allocated from the City's MSA Fund. Adopted by the City Council on April 17, 1996. (0ENG)PROMCM MAESCHAMIMBDEV,DOC.