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HomeMy WebLinkAboutCity Council Resolution 1980-841CITY 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 17th day of November 1980 . The following members were present: Mayor Hunt, rnijnrilMemhPr% Hoyt. Neils and Schneider the tol lowing members were absent: Councilmen er avenpor Cmincilmemher Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 80-841 AUTHORIZING RELEASE OF SITE IMPROVEMENT PERFORMANCE BOND FROM TRUCKER SHEEHY CONSTRUCTORS, INC., FOR MICHELIN TIRE DISTRIBUTION CENTER (A-731) WHEREAS, the site plan submitted by Trucker Sheehy Constructors, Inc. for the Michelin Tire Distribution Center located at 865 Xenium Lane was approved under City Council Resolution No. 77-265; and, WHEREAS, the developer submitted the required site improvement performance guarantee in the form of a bond in the amount of $45,000, subsequently reduced to $15,000; and, WHEREAS, upon notice from the developer that required site improvements had been accomplished, City Staff has inspected said site and recommends release of the 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 Bond No. 12-8166-77 in the amount of $15,000 wh'ich was submitted by Trucker Sheehy Constructors, Inc. to guarantee site improvements for the Michelin Tire Distribution Center located at 865 Xenium Lane. 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: Mayor Hunt, Councilmembers Hoyt, Neils and Schneider The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.