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HomeMy WebLinkAboutCity Council Resolution 1980-341- -:t a�""'wr'�rx'r o € E � • -w. ,y 'm`.'rT. r„.r "S M i �.;'�'^t?� ;' . - "" ,p. 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 9t_1 h day of May 1980 . The following members were R present: Mayor_ Hunt, ounce mem ers oyt, "IMIs and Schneider follow ng t** opcilpymopr Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 80- 341 AUTHORIZING RELEASE OF SITE PERFORMANCE BOND FOR F. C. HAYER COMPANY (A-801) WHEREAS, the site plan for the F. C. Hayer Company located northwest of Berkshire Lane and County Road 15 was approved under City Council Resolution No. 78-173; and, WHEREAS, the developer submitted the required site performance guarantee in the form of a bond in the amount of $108,000, reduced to $50,000 on December 4, 1978, based on work completed; and, WHEREAS, upon notice from the developer that required site improvements had been accomplished, City Staff inspected said site and rec:ow wWs release of the bond; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLY- MOUTH, MINNESOTA, that it should and hereby does authorize the release of the site performance bond 0400 FB 6885 in the amount of $50,000 which was submitted by Rauenhorst Corporation to guarantee site improvements for the F. C. Hayer Company at Berkshire Lane and County Road 15. The motion for the adopt Councllmember Hoyt ro mwing votea in ravor and Schneider The following voted agar Whereupon the Resolution ion of the foregoing Resolution was duly seconded by , and uponto i takeH t ".11'stht thereof:ayor Hunt, unc rs or