HomeMy WebLinkAboutCity Council Resolution 2004-529CITY OF PLYMOUTH
RESOLUTION NO. 2004-529
ACCEPTANCE OF STREETS AND UTILITES FOR
CONTINUAL MAINTENANCE
KIL,LIANS GATE ADDITION (2002027)
WHEREAS, in accordance with the development contract dated July 10, 2002, Killians Gate, LLC,
developer of Killians Gate Addition (2002027), has agreed to install certain improvements for said
development; and
WHEREAS, 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;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA; that the financial guarantee requirements are reduced as follows:
That the required financial guarantee for the above items be reduced as detailed above from $55,197 to
$10,864 to reflect the completed work. Letter of Credit No. 62 may be reduced accordingly.
ORIGINAL
CURRENT
NEW
ITEM
AMOUNT
AMOUNT
AMOUNT
Street Constriction
$ 44,207
$ 8,841
$ -0-
Sanitary Sewer
40,986
8,197
-0-
Watermain
20,398
4,080
-0-
Storm Sewer
32,573
6,515
-0-
Boulevard and Drainage Swale Sod
1,900
1,900
1,000
Pond Constriction
-0-
-0-
-0-
Mitigation Pond Constriction
-0-
-0-
-0-
N[_JRP Pond Constriction
30,000
12,000
-0-
Street Signs (1 x 200)
200
200
-0-
Park and Trail Improvements
-0-
-0-
-0-
Site Grading and Drainage Improvements
30,498
6,100
2,500
Setting Iron Monuments
1,450
1,450
1,450
Design, Administration, Inspection, As-
24,265
5,914
5,914
Bullts
TOTAL
$ 226,477
$ 55,197
$ 10,864
That the required financial guarantee for the above items be reduced as detailed above from $55,197 to
$10,864 to reflect the completed work. Letter of Credit No. 62 may be reduced accordingly.
RESOLUTION NO. 2004-529
KIL,LIANS GATE ADDITION (2002027)
Page Two
FURTHER BE IT RESOLVED that the financial guarantee requirements for the following items per Section
8.1 of the approved development contract remain as follows:
ITEM
Maintenance of Erosion and Sediment
Control Plan, Street Sweeping, and Storm
Sewer Cleaning (see Grading Permit for Financial
Guarantee Requirements)
Cash:
Financial Guarantee:
ORIGINAL NEW
AMOUNT AMOUNT
$ 1,000 $ 1,000
$ 3,500 $ 3,500
FURTHER BE IT RESOLVED that the utility constriction including sanitary sewer, storm sewer and
watermain is accepted for continual maintenance as of December 28, 2004 subject to the two-year guarantee
by Northwest Asphalt, Inc. per maintenance Bond No.54-150594 issued by United Fire and Casualty
Company.
FURTHER BE IT RESOLVED that the street constriction is accepted for continual maintenance as of
December 28, 2004 subject to the one-year guarantee by Northwest Asphalt, Inc. per maintenance Bond No.
54- 1307 13 issued by United Fire and Casualty Company.
Adopted by the City Council on December 28, 2004.