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HomeMy WebLinkAboutCity Council Resolution 1983-256Pursuant to due call and notice thereof, a r_eqular meeting of the City Council of the City of Plymouth, Minnesota, was held on—the 'iT'i1"i day of May . 1983. The following members were present:Mayor Davenport—,-Mu�"�'ilmembe oen,a s, Schneider and Threinen The following members were sent: off �t *ff Councilmember Schneider introduced the following Resolution and moved ,its adoption: RESOLUTION NO. 83-256 AUTHORIZING REDUCTION OF SITE. PERFORMANCE GUARANTEE FOR KIMBERLY MEADOWS (79062) WHEREAS, a Site Plan for Kimberly Meadows located at the southeast corner of County Road 6 and State Highway No. 101 was approved under City Council Resolution No. 80-221; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Bond in the amount of $75,000.00; arid, WHEREAS, upon notice from 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 No. 47-0120-10301-81-2 in the amount of $75,000.00 which was submitted to guarantee improvements for Kimberly Meadows located at the southeast corner of County Road 6 and State Highway No. 101, to $10,000.00. The motion for adoption of the foregoing Resolution was duly seconeed by Councilmember Moen , and upon vote being taken thereon, e 'ollowing voted In favor thereof: Mayor Davenport, Councilmembers Moen, Neils, Schneider and Threi nen The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted. dsk2B