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HomeMy WebLinkAboutCity Council Resolution 1980-842CITY OF PLYMOUTH Pursuant to due call and notice thereof, a ire ullaar meetina of the City Council of the City of Plymouth, Minnesota, was held on the 17th day of rNovember 1980 The following members were present: Mayor Hunt, rnuncilmembers Hoyt Neils and Schneider The following members were absent: Councilmember Davenport Councilmember Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 80-842 AUTHORIZING RELEASE OF SITE IMPROVEMENT PERFORMANCE BOND FOR MC QUAY-PERFEX, INC. (A-758) WHEREAS, the site plan for expansion for McQuay-Perfex, Inc., located on the southwest corner of senium Lane and 24th Avenue North was approved under City Council Resolution No. 77-502; and, WHEREAS, the developer submitted the required site improvement performance guarantee in the form of a bond in the amount of $48,000; 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. 400 EZ 7379 in the amount of $48,000 which was submitted to guarantee site improve- ments for McQuay-Perfex, Inc., located on the southwest corner of Xenium Lane and 24th Avenue North. The motion for the adoption of the foregoing Resolution was duly seconded by Counril member Hnyt , and upon vote being taken thereon, the following voted in favor thereof: Mayor Hunt, Cnunr_ilmamharc Hnj4t Npi1S and Schneider The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted,