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HomeMy WebLinkAboutCity Council Resolution 1983-658CITY OF PLYNOI1TIi ' Pursuant to due call and notice thereof, a regular meeting of the the City of Plymouth, Minnesota, was held on -WSW dam of Dece TChnaiAar he following members were presents_ Ma o� r DavenpoFf.. Cou ciTmembEP" ;rrt Councilmember Schneider Introduced the following Resolution and moved its a on: RESOLUTION NO. 83- 658 AUTHORIZING REDUCTION OF THE SITE PERFORMANCE GUARANTEE FOR CHURCH OF THE EPIPHANY (82036) WHEREAS, a Site Plan for Church of the Epiphany located at 4900 Nathan Lane was approved under City Council Resolution No. 82-412; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Letter of Credit In the amount of $22,OOG.00; and, WHEREAS, upon notice from the developer, City staff has Inspected said site and recommends reduction of the Letter of Credit; NOW, THEREFORE, BE 1T HEREBY RESOLVED BY THE CITY COUNCIL OF THF CITY OF PLYMOUTH, MINNESOTA, that It should and hereby does authorize the reduction of the Letter of Credit No. 36 In the amount. of $22,000,00 which was submitted to quarantee site Improvements for Church of the Epiphany located at 4900 Nathan Lane to $12,000,00, ion of the foregoing Resolution was duly 1 1 r n -ed by S , and upon volts befnaNt�an t :roan, t ror a avow Dort. Councilmembers e s an Whereupon the Resolution was declared dsk2-A.2