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HomeMy WebLinkAboutCity Council Resolution 1972-510VILLAGE OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the Village !:Council of the Village of Plymouth, Minnesota, was held on the 4th day of December, 1972. The following members were present: Mayor Hilde, Councilmen ;'Hunt, Spaeth, Seibold and Neils. The following members were absent: None. Councilman Neils introduced the following Resolution and moved its adoption: RESOLUTION N0. 72-510 A RESOLUTION AUTHORIZING THE RELEASE OF $26,543 OF THE SECURITY FURNISHED BY REGIONAL DEVELOPMENT CORPORATION IN CONNECTION WITH CONTRACT NO. A-230 WHEREAS, the Village of Plymouth entered into a contract with Regional .Development Corporation on August 10, 1970 (Development Contract No. A-230), and WHEREAS, in connection with said development contract Regional Development Corporation did deposit with the Village of Plymouth the sum of $27,643 for the purpose of securing the completion of a sanitary sewer system within the devel- ,`opment known as Fox Meadow, First Addition, and WHEREAS, the Village of Plymouth and Regional Development Corporation ''have been in disagreement as to the sufficiency of the completed sanitary sewer system, and WHEREAS, said Regional Development Corporation did bring an action at law ;.against the Village of Plymouth demanding the return of the $27,643 deposited by the Regional Development Corporation to secure the performance of that part ,;of the contract relating to the installation of sanitary sewer, and WHEREAS, under date of November 30, 1972 the District Court of Hennepin fCounty, Minnesota did enter its Findings of Fact, Conclusions of Law and '::Order for Judgment ordering the Village of Plymouth to refund to the Regional Development Corporation the sum of $26,543 to Regional Development Corporation iiforthwith, NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE VILLAGE COUNCIL OF THE VILLA OF PLYMOUTH AS FOLLOWS: 1. That the Village Manager is authorized and directed to refund to Regional Development Corporation $26,543 from the security deposit held by the Village of Plymouth in connection with Development Con- tract No. A-230, 2. That the balance of the funds on deposit be retained by the Village of Plymouth until the remainder of the corrective work in said sanitary sewer system has been completed in accordance with the said order of the District Court. The motion for the adoption of the foregoing Resolution was duly seconded iby Councilman Hunt, and upon vote being taken thereon, the following voted in favor thereof: voted against: and adopted. Councilmen Hunt, Spaeth, Seibold and Neils. The following Mayor Hilde. Whereupon the Resolution was declared duly passed STATE OF MINNESOTA ) COUNTY OF HENNEPIN) SS. VILLAGE OF PLYMOUTH) I, the undersigned, being the duly qualified and acting Clerk of the Village of Plymouth, Minnesota, hereby certify that I have carefully compared the foregoing extract of the minutes of a regular meeting of the Village Council of said Village held on the 4th day of December, 1972 with the original thereof on file in my office, and the same is a full, true and complete trans- cript therefrom. WITNESS, My hand officially as such Clerk and the corporate seal of the Village this 15th day of December, 1972. 409i Sandra L. Haugen Village Clerk I