HomeMy WebLinkAboutCity Council Resolution 1981-653CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minneso a was a on the
21st day of September , 19 81 The following memhprs were
present: Acting MAvor Neils, Councilmembers' y't, Schneider and Threinen
The following members were absent: Mavor Davenport
ouncilmember Hoyt introduced the following Resolution and
moved its adoption:
RESOLUTION #81-653
AUTHORIZING REDUCTION OF SITE PERFORMANCE BOND FOR KAMPS BORDERMAN COMPANY
(A-825)
WHEREAS, the site plan for Kamps-Borderman Company was approved for the
development at Niagra Lane North and Highway 55 under City Council Resolution
#78-368; and,
WHEREAS, the developer submitted a bond as a site performance guarantee in
the amount of $45,000; and,
WHEREAS, upon request of the developer City staff has inspected said site and
recommends reduction 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 reduction
of the site performance bond in the amount of $45,000 which was submitted
to guarantee site improvements for Kamps-Borderman Company at Niagra Lane
North and Highway 55 to $10,000.
The motion for the adoption of the foregoing Resolution was duly seconded by
.�,CQuncilmember Threinen , and upon vote being taken thereon the
following voted In favor thereof: Actino Mayor Neils, Councilmembers Aoyt,
Qrhnaider and Threinen
The following voted against orabstained: none
Whereupon the Resolution was declared duly passea ana adopted—.