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HomeMy WebLinkAboutCity Council Resolution 1983-565CITY OF PLYMOUTH Pursuant to due call and notice t"reof, a re u the City of Plymouth, Minnesota, was held on The following members were present: Mayor Davenpor Schneider and Threinen were aosenc: r.� meeting ff he Ci City Counell jqf 11tCilrt�em�ie s men. 17115, —^ Councilmember Moen introduced the following Resolution and moved its a pt on: RESOLUTION NO. 83- 565 AUTHORIZING RELEASE OF THE SITE PERFORMANCE GUARANTEE FOR DUSTER STEEL (A-637) WHEREAS, a Site Plan for 9uster Steel located at the northwest corner of Xenium Lane and County Road 15 was approved under City Council Resolution No. 81-843; and, WHEREAS, the developer submitted the required Site Performance Guarantee In the form of a Bond in the amount of $85,000.00; 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 PLYMOU;`1, MINNESOTA, that It should and hereby does authorize the release of the Bond No. 3351034 IF] the amount of $85,000.00 which was submitted to quarantee site improvements for duster Steel located at the northwest corner of Xenium Lane and County Road 15. The and Whereupon the dsk2 adoption of the foregoing Resolution was duly seconded by Schneider , and �pon yyte beinggakn t reon, e In favor thereof. mayorort, ouncl members Moen, ells, was declared