HomeMy WebLinkAboutCity Council Resolution 1978-726• CITY OF PLYMOUTH •
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minnesota wase1T d on the
6th day of November , 19 78. The following members were
mbers H
present: Mayor Hunt, Councilmeoyt, Neils, Seibold and Spaeth
The following members were absent: None
Counc�lmembp r Spaeth introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 78-726
SETTING CONDITIONS PRIOR TO APPROVAL OF FINAL PLAT FOR "SUNRISE BAY ESTATES"
FOR CALHOUN INVESTMENT COMPANY (A-186)
WHEREAS, the City Council has approved the final plat for "Sunrise Bay Estates"
as requested by Calhoun Investment Company;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that it should and hereby does direct the following prior to recording
of said plat:
1. Final plat shall include the filing of covenants as approved by the City Attorney.
2. The dedication of covenants shall specify if adequate maintenance is not done
in the streets, open space and ponding areas, the City will have the authority
to maintain such areas and assess the cost to the ownership.
3. Submittal of an irrevocable Letter of Credit in the amount of $30,000, terms
for 18 months, to assure completi-in of all approved site improvements for the
Sunrise Bay development with the stipulation whereby the guarantor which is-
sues the Letter of Credit shall provide 60 days written notice to the City of
Plymouth prior to the expiration date of said Letter of Credit.
The motion for the adoption of the foregoing Resolution was duly seconded by
Cpijncjlmpmhpr and upon vote being taken thereon, the
following vote ,n fayor there0 : Mayor Hunt_ Cnunri1memharc Hn�vt_ Nailc r
and Spaeth
The following voted against 9tRx ,
Whereupon the Resolution was declared duly passed and adopted,