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HomeMy WebLinkAboutCity Council Resolution 1975-706i • CITY 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 the 15th day of December- , 192.L__• The following members were present: Mayor Hilde Councilmen Hunt Neils. -Seibold and Spaeth_ The following members were absent: None Councilman Spaeth introduced the following Resolution and moved its adoption: RESOLUTION NO. 75-706 BOND REDUCTION HEMLOCK LANE ADDITION (A-523) WHEREAS, the Developer of Hemlock Lane Addition, File A-523, has furnished a certificate of deposit in the amount of $3,000.00 to cover construction of 5" Class II gravc;l streets with oil prime coat, and placement -of street signs, and WHEREAS, a portion of this work has been completed, NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: that the certificate of deposit -for the above referenced work in the Hemlock Lane Addition is hereby reduced from $3,000.00 to'$1,000.00 to reflect the completed work to date. The motion for the adoption of the foregoing Resolution was duly seconded by Councilman Spihnld , and upon vote being taken thereon, the following voted in favor thereof: MAyor Hilde Councilmen {aunt. Seihold and Spaeth The following voted against or abstained: CouncilML_Neils voted nag Whereupon the Resolution was declared duly passed ana :dnpted.