HomeMy WebLinkAboutCity Council Resolution 1982-292CITY OF PLYMOUTH
Introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 82-292
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR RYAN CONSTRUCTION COMPANY, UNITED
HARDWARE DISTRIBUTING COMPANY (A-865)
WHEREAS, a Site Plan for Ryan Construction Company, United Hardware Distributing
Company, located at the northwest corner of Hamel Road and Nathan Lane, was approved
under City Council Resolution No. 78-822; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a'bond in the amount of $78,300.00; and,
WHEREAS, upon notice from the developer that required site improvements had been
completed, 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 No. U974161 in the amount of $78,300.00 which was submitted to guarantee site
improvements for Ryan Construction Company, United Hardware Distributing Company
located at the northwest corner of Hamel Road and Nathan Lane.
The motion for adoption of the foregoing Resolution was duly seconded by
rniincil mm4eC T4reinen , and upon vote being taken thereon, the
following voted in favor thereof: Acting Mayor Schneider, Councilmembers_Moen,
The
oilq and owing votedagainst or stained: none
Whereupon the Resolution was declared duly passed and adopted.