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HomeMy WebLinkAboutCity Council Resolution 1979-531CITY OF PLYMOUTH Pursuant to due call and notice thereof, a Special meeting of the City Council of the City of Plymouth, Minnesota was held on the 4th day of September , 19 79 . The following members were present: Mayor Hunt, Counci me�s�oyt, Neils and Spaeth The following members were a sen : Counci I mem er avenpor Councilmember Spaeth introduced the following Resolution and moved its adoption: RESOLUTION NO. 79- 531 APPROVING LETTER OF CREDIT REDUCTION FOR FOUR SEASONS SHOPPING CENTER IN THE SOUTHWEST CORNER OF THE COUNTY ROAD 18 AND COUNTY ROAD 9 INTERSECTION (A-683) WHEREAS, Four Seasons Shopping Center (Metram Properties) has completed much of the site improvement work as per the approved landscape plan approved by Council Resolution #76-583; and WHEREAS, The City staff has inspected the site improvements on-site and recommends a reduction in the landscape letter of credit to reflect completed work and to insure the completion of all remaining improvements; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should, and hereby does approve the request of Metram Properties for reduction of their landscape letter of credit covering site improvements, at said site, from $40,000.00 to $10,000.00