HomeMy WebLinkAboutCity Council Resolution 1982-262CITY OF PLYMOUTH
Councilmember Schneider introduced the following Resolution and moved its
asoptn:
RESOLUTION NO. 82-262
AUTHORIZING REDUCTION OF SITE PERFORMANCE BOND FOR BALDWIN CHEVROLET COMPANY (A-499)
WHEREAS, the Site Plan for the Baldwin Chevrolet Company located at 9825 56th Avenue
North was approved under City Council Resolution No. 78-823; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a bond in the amount of $50,000.00; and,
WHEREAS, Condition No. 3 of City Council Resolution No. 78-823 stated that "Subdivision
through platting of Outlot 'D', in accordance with the Bass Lake Plaza General Dev-
elopment Plan approved by the City Council under Resolution No. 75-42", must occur;
and,
WHEREAS, upon notice from the developer that required site improvements had been
completed, City Staff has inspected said site and recommends reduction of the bond to
$10,000.00.
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 No. 54-14432 In the amount of $50,000.00 to be reduce! to $10,000.00
and to be held at this amount until Condition No. 3 of City Council Resolution No.
78-823 has been met.
The notion for adoption of the foregoing Resolution was duly seconded by
Councilmember Moen ► and upon vote being taken thereon, tT
011mang voted n' avor thereo : Mayor Davenoort, Councilmembers Moen, Neils,
y.. C-k..a A-- and >Thwni nnn
n.c ow—u—nia vgGw agalnsr, or aD36alne0: none
Whereupon the Resolution was declared duly pas opt