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HomeMy WebLinkAboutCity Council Resolution 1974-227CITY OF PLYMOUTH Pursuant to due call and notice thereof, a REGULAR meeting of the City Council of the City of Plymouth, Minnesota, was held on t e 6th day of may , 19 74 . The following members were present: Hilde Councilmen Hunt Neils Seibold and Spaeth The following members were absent: none Councilman Neils introduced the following Resolution and moved Its adoption- RESOLUTION NO. 74-227 BOND REDUCTION - IMPERIAL HILLS THIRD ADDITION WHEREAS, Ecklund and Swedlund, developers of the Imperial Hills 'third Addition, have posted a bond in the amount of $1,000.00 with the City of Plymouth to guarantee certain work in said addition, and WHEREAS, the developers have requested that the bond be reduced from $1,000.00 eto $0.00 to reflect the completed work, and WHEREAS, the City Engineer recommends that the reduction be made, NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH that the development bond for Imperial Bills Addition No. 3, furnished in accordance with the development contract dated April 11, 1966, File A-131, in the amount of $1,000.00 from Seaboard Bond Company bond No. 627913, is hereby reduced to $0.00 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by Spaeth _> and upon vote being taken thereon, the following vote in 'n favor t ereof: Mayor Hilde. Councilmen Hunt, Neils Seibold avid Spaeth The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.