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HomeMy WebLinkAboutCity Council Resolution 1997-014CITY OF PLYMOUTH RESOLUTION NO, 97 -14 AUTHORIZE AMENDING THE DEVELOPMENT CONTILA c f FOR NANTERRE ADDITION (94093) WHEREAS, the City of Plymouth 2:,id Weston Corporation have entered into a development contract dated October 13, 1995 for the development of Nanterre Addition; and WHEREAS, as part of this development the developer was required to construct Schmidt Lake Road in Nanterre Addition in order to conform to the City of Plymouth's Thoroughfare Guide Plan; and WHEREAS, in accordance with City policy the developer has constructed Schmidt Lake Road in accordance with the plans and specification; and WHEREM, the actual project cost was 22.14% higher than estimated and the reimbursement to the developer 28.75% higher than estimated because of muck excavation; and WHEREAS, Page 12 of the development contract must be amended to include the increased cost for the state to reimburse the City for this cost (SAP 155-165-03); and WHEREAS, the City must reimburse the developer for the increased cost prior to the state reimbursing the City with MSA funds. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: That it hereby amend the cost of Schmidt lake Road noted on Page 12 of the development contract from $603,825 to $768,527 and the amount of reimbursement to the developer from $572,825 to $737,527. Adopted by th- ^ity Council on January 8, 199'). ��ur.ar����bfi�u�rm�w�ra+n�mau►r�r+nc�+.00c • Resolution 97-14 STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. • The undersigned, being the duly qualified and appointed City Clerk of the C;ty of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on , with the original thereof on file in my office, awl the same is a correct transcription thereof. Wl'!Nr:SS my hams officially as such City Clerk and the Corporate seal of the City this day of 1. City Clerk ���r.�r���+mnbvu�rmwwaou�au►aewocon.uoc