HomeMy WebLinkAboutCity Council Resolution 2011-008CITY OF PLYMOUTH
RESOLUTION NO. 2011-008
A RESOLUTION ACCEPTING UTILITIES
FOR WYNFIELD PLACE (2003081
WHEREAS, in accordance with the development contract dated June 23, 2004, Johnson Land
Development, LLC, developer of Wynfield Place (2003081), 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:
ORIGINAL
CURRENT
NEW
ITEM
AMOUNT
AMOUNT
AMOUNT
Street Constriction
$ 155,699
38,925
-0-
Sanitary Sewer
74,059
14,812
-0-
Watermain
52,345
10,469
-0-
Storm Sewer
87,695
17,539
-0-
Boulevard and Drainage Swale Sod
13,800
9,800
-0-
Pond Constriction
40,000
12,000
400
Street & Traffic Control Signs
8,400
8,400
-0-
Sidewalk Improvements
18,800
-0-
-0-
Bituminous Driveway
46,360
-0-
-0-
Street Lights
7,500
1,500
-0-
Landscaping
257,985
180,000
30,800
Site Grading and Drainage
157,782
20,000
-0-
Improvements
Setting Iron Monuments
6,200
6,200
6,200
Design, Administration, Inspection,
111,195
38,357
-0-
As-Bullts
$ 1,037,820
358,002
37,400
Resolution No. 2011-008
Page 2
That the required financial guarantee for the above items be reduced as detailed above from
$358,002 to $37,400 to reflect the completed work. Letter of Credit No. 2440001 may be
reduced accordingly.
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
Cash
Letter of Credit No. 2440002
ORIGINAL NEW
AMOUNT AMOUNT
$ 1,000 $ 1,000
$ 19,295 $ 19,295
FURTHER BE IT RESOLVED that utilities are accepted.
Approved this I It" day of January, 2011.