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HomeMy WebLinkAboutCity Council Resolution 1983-566Pursuant to due call and notice thereof, a �regulaarr meeting of the City Council of the City of Plymouth, Minnesota, was held on—M-775 775 d:y ofmembtober c . 1963. The following members were present: Mayor Davenpffr; C=cily- oen, a s, n ilmember Moen introduced the following Resolution and moved its a t On: RESOLUTION NO. 83- 566 AUTHORIZING REDUCTION OF THE SITE PERFORMANCE GUARANTEE FOR DUSTER STEEL (A-637) WHEREAS, a Site Plan for Juster 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 $35,000.00; and, WHEREAS, upon notice from the Developer that the required site improvements had been completed, City staff has Inspected said site and recommends 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 Bond No. 3351035 in the amount of $35,000.00 which was submitted to guarantee site improvements for Juster Steel located at the northwest corner of Xenium Lane and County Road 15, to $10,000.00. The motion for adoption of the foregoing Resolution was duly seconded by 0 oi member Schneider , and upon vote being taken thereon, ti wng vot n avor thereof: Mayor venport, Councilmembers Moen, Neils, Whereupon the Resolution was declared dsk2