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HomeMy WebLinkAboutCity Council Resolution 1974-5831W W CITY OF PLYMOUTH Pursuant to due call and notice thereof, a s ecial meeting of the City Council of the City 'if Plymouth, Minnesota, was e d on tie 9th day of December , 19 74. The following members were present: Mayor Hild Councilmen un , e s, Se-fFo1d and Spaeth The following members were absent:- none tw,r Councilman Seibold introduced the following Resolution and moved its adoption: RESOLUTION NO. 74-583 BOND REDUCTION - MANOR ROYAL APARTMENTS WHEREAS, Metram Properties, as Developer of Manor Royal Apartments located at approximately 39th and Lancaster Lane have deposited with the City of Plymouth an escrow account in the amount of $3,000.00 to cover certain corrective work, WHEREAS, the Developer has completed this corrective work, NOW, THEREOFRE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that the $3,000.00 escrow account for the Manor Royal Apartments, File A-205, is hereby reduced to $0.00; and said $3,000.00 shall be returned to Metram Properties, the Developer. The motion for the adoption of t!ie foregoing Resolution was duly seconded by Councilman Spap� and upon vote beingtaken thereon, the 0 owi g vote e in favor t rtof— Mayor Hilde, ouncilmen Hunt, e s, bold and Spaeth The following voted against or abstained: ncne Whereupon the Resolution was declared duly-Vassed and adopted.