HomeMy WebLinkAboutCity Council Resolution 1980-760CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a meetino of the City
Council of the City of Plymouth, Minnesota, was held on the 6th day of
October. 1980 . The followina members were present:
Mayor Hunt Councilmembers Davenport. Hoyt Neils and S hneidar
The following members were absent: None
Councilmember Schneider introduced the following Resolution and moved
its adoption:
RESOLUTION 80-760
AUTHORIZING RELEASE OF SITE PERFORMANCE BOND FOR SCOVILLE PRESS (A-843)
WHEREAS, the site plan for the Scoville Press Phase I Building, located at
2525 North Fernbrook Lane, was approved under City Council Resolution No. 78-511;
and
WHEREAS, the developer submitted the required site performance guarantee in the
form of a bond in the amount of $57,750; and
WHEREAS, City Staff has inspected said site and found the major portion of
site improvements to be complete; and
WHEREAS, the site plan for the Scoville Press Phase II Building was approved
under City Council Resolution No. 80-647 conditional upon submission of a
new site performance guarantee; and
WHEREAS, the developer has requested release of the Phase I site performance
bond with remaining Phase I improvements to be covered by a new Phase II site
performance bond;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA that it should and hereby does authorize the release of
the site performance bond No. 400 FG 2920 in the amount of $57,750 which was
submitted to guarantee site improvements for the Scoville Press Phase I
Building located at 2525 North Fernbrook Lane, subject to the following
conditions:
1. The new financial guarantee for Scoville Press Phase II site improvements
shall include an amount to cover the completion of remaining Phase I
improvements.
2. The City shall issue no building permits, including partial permits,
for Scoville Press Phase II until the appropriate financial guarantee
covering both Phase II improvements and remaining Phase I improvements
has been submitted.
The motion for the adoption of the foregoing Resolution was duly seconded by
, and upon vote being taken thereon, the
following voted in -favor thereof:Mapr Hunt, Councilmembers Davenport -
Hoyt, Neils and Schneider
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.