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HomeMy WebLinkAboutCity Council Resolution 1984-672CITY OF PLYMOUTH Pursuant to due call and notice thereof, a dial meeting of the City Council of the City of Plymouth, Minnesota, was held on the 24th day of September . 1984. The following members were present: Mayor Davenport, Councilmembers oen, Neils, — and Crain The following members were absent: Councilmember Schneider Councilmember Crain introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 672 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR PRO DESIGN, INC. (83004) WHEREAS, a Site Plan for Pro Desig:,, Inc. located at 2500 Niagara Lane, was approved under City Council Rpsolution No. 83-147; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Letter of Credit in the amount of $36,843.00; and, WHEREAS, the City Council on December 5, 1983, per Resolution No. 83-661 authorized the reduction of this Letter of Credit to $6,639.00; and, WHEREAS, upon notice from the 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 $6,639.00 which was submitted to guarantee site improvements for Pro Design, Inc. located at 2500 Niagara Lane. 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, Councilmembers Moen, Neils, and Crain The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.