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HomeMy WebLinkAboutCity Council Resolution 1998-275RESOLUTION NO. 98 - 275 REIMBURSING DEVELOPER FOR REQUIRED WATERMAIN CONSTRUCTION LAKE POINT DISTRIBUTION CENTER (96045) WHEREAS, the City of Plymouth and United Properties have entered into a Site Improvement Performance Agreement (SIPA) dated July 2, 1997 for the development of Lake Point Distribution Center (96045); and WHEREAS, as part of this development, the developer was required to constrict a 16 inch raw waterline in the Parkers Lake Corporate Center 8th Addition in order to conform with the City of Plymouth's overall Water Distribution Plan; and WHEREAS, the developer installed the required 16 inch raw waterline along the northerly property line of Lot 1, Block 1, Parkers Lake Corporate Center 8th Addition; and WHEREAS; it is the policy of the City of Plymouth to reimburse developers for required watermain constriction as provided for in the development contract and/or SIPA; and WHEREAS, this amounts to $30,758.90, based on the actual constriction costs. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: that the 16 inch raw waterline constricted in Parkers Lake Corporate Center 8th Addition be accepted for continual maintenance as of May 6, 1998. BE IT FURTHER RESOLVED that the developer, United Properties, is to be reimbursed by the City of Plymouth in the amount of $30,758.90 for the required 16 inch raw waterline constriction based on the alignment and the approved constriction plans. BE IT FURTHER RESOLVED that the fiinds be allocated from the Trunk Water Fund. Adopted by the City Council on May 6, 1998. C:\Documents and Settings\esinger\Local Settings\Temp\CCR 1998-275_58711\CCR 1998-275.doc STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersigned, being the duly qualified and appointed City Clerk of the City 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, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the City this day of City Clerk C:\Documents and Settings\esinger\Local Settings\Temp\CCR 1998-275_58711\CCR 1998-275.doc