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HomeMy WebLinkAboutCity Council Resolution 1984-671CITY OF PLYMOUTH • Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota, was held on the 24th day of September 1984. The fo. towing members were preumt: Mayor Davenport, ounci1members Moen, Neils, — and Crain The foll,ioing members were absent: Councilmember Schneider Councilmember Crain introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 671 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR DUDE CANDY AND TOBACCO COMPANY (82043) WHEREAS, a Site Plan for Jude Candy and Tobacco Company, located at the southwest corner of Niagara Lane and State Highway 55 was approved under City Council Resolution No. 92-471; WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Letter of Credit in the amount of $18,868.00; and, WHEREAS, the City Council on November 7, 1983, authorized the reduction of the Letter of Credit to $5,000.00; and, WHEREAS, upon notice from '.ne developer, City staff has inspected said site and recommends release of the Letter of Credit; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should and hereby does authorize the release of the Letter of Credit In the amount of $5,000.00 which was submitted to guarantee site improvements for Jude Candy and Tobacco Company located at the southwest corner of Niagara Lane and State Highway 55. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Moen , and upon vote being taken thereon, the following voted in favor thereof: Mayor Davenport. Counci'members Moen, Neils, and Crain The following voted against or abstained: none Whereupon the Resolution was declared duly passed a-md adopted.