HomeMy WebLinkAboutCity Council Resolution 2011-330CITY OF PLYMOUTH
RESOLUTION No. 2011-330
A RESOLUTION ACCEPTING UTILITIES FOR CONTINUAL MAINTENANCE
FOR UTILITY INSTALLATION AGREEMENT (2010096)
WHEREAS, in accordance with the development contract dated June 22"a, 2011, GWS
Land Development of Plymouth, LLC, developer of Utility Installation Agreement (2010096),
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:
TT -PM
Sanitary Sewer
Watermain
Wetland Restoration
Design, Administration, Inspection, As-
Bullts
ORIGINAL NEW
AMOUNT AMOUNT
52,246 13,061
37,590 9,397
3,000 3,000
11,140 2,500
TOTAL 103,976 $27,958
That the required financial guarantee and Letter of Credit No. 117 for the above items be reduced
from $103,976 to $27,958.
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:
ORIGINAL CURRENT
ITEM AMOUNT AMOUNT
Maintenance of Erosion and Sediment
Control Plan
Cash: $ 1,000 $ 1,000
Resolution No. 2011-330
Page 2 of 2
FURTHER BE IT RESOLVED that the utilities are accepted for continuous maintenance
as of September 27, 2011, subject to the two-year guarantee by the Developer per Letter of
Credit No. 117.
Approved this 27th day of September, 2011.