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HomeMy WebLinkAboutCity Council Resolution 1981-816AUTHORIZING RELEASE OF SITE PERFORMANCE BOND FOR RAUENHORST CORPORATION FOR KAMPS-BORDERMAN SITE (A-825) WHEREAS, the site plan for Rauenhorst Corporation was approved for the Kamps-Borderman Company at Niagara Lane and Highway 55 under City Council Resolution No. 78-368; and, WHEREAS, the developer submitted a bond as a site performance guarantee in the amount of $45,000.00; and, WHEREAS, upon the request of the developer, 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 the site performance bond in the amount of $45,000.00 which was submitted to guarantee site improvements for Kamps-Borderman Company at Niagara Lane and Highway 55.