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HomeMy WebLinkAboutCity Council Resolution 1982-528CITY Of" PLYMOUTH Pursuant to due call and notice thrreof, a 11 ar� meting of the City Council of the City of Plymouth, Minnesota, was held on the day of October . 1982. The following webers were present: Mauer Davenoort, ouncilmembers Moan. c neide- 'a DA Xhrpinan The following members were sent: Counci Imember Nei t� rniinrilmember Moen introduced the following Resolution and moved its adoption: RESOLUTION NO. 82- 528 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR TRAMMEL L CROW COMPANY (79003) WHEREAS, a Site Plan for Trammell Crow Company located at 13th Avenue North and Berkshire Lane was approved under City Council Resolution No. 79-150; and, WHEREAS, the developer submitted the required site performance guarantee in the form of a bond in the amount of $112,500.00; and, WHEREAS, upon notice from the developer that the 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. 610064510-4 in the amount of $112,500.00 which was submitted to quarantee site improvements for Trammel Crow Company located at 13th Avenue North and Berkshire Lane. The motion for adoption of the foregoing Resolution was duly seconded by rInUncilmember Schneider , and upon vote being taken the em , the following voted in ravor thereof: yon Davenport, Councilmembers Moen, Schneider The following voted against or stat none Uhereupon the Resolution was declared duly passed and adopted.