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HomeMy WebLinkAboutCity Council Resolution 1983-598CITY OF PLVNOM Pursuant to due call and notice thereof, a the City of Plymouth, M anesota, was held on The following members were present: Mayor Ile, Schneider and Threinen oaf meeting of the Councilmember Moen introduced the following Resolution and moved Its a t on: RESOLUTION NO. 83- 598 AUTHORIZING REDUCTION OF THE SITE PERFORFANCE GUARANTEE FOR CARLSON PROPERTIES, INC. (80031) WHEREAS, a Site Plan for Carlson Properties, Inc. located at 13000 Hlqhway 55 was approved under City Council Resolution No. 80-648; and, WHEREAS, the developer submitted the required Performance Guarantee in the form of a Bond In the amount of $79,500.00; and, WHEREAS, upon notice from the developer, City staff has inspected said site and recommends reduction of the Bond; NOW, THEREFORE, BE 1T 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. 610092913 in the amount of $79,500.00 which was submitted to guarantee site Improvements for Carlson Properties, Inc. located at 13000 Highway 55 to $15,000.00. The motion for adoption of the foregoing Resolution was duty seconded by Councilmember Threinen , and upon vote being taken 01 ow ng vot n favor thereof: port, Councilmembers Moen, N Schneider and Threinen Whereupon the Resolution was declared dsk2-A.2