HomeMy WebLinkAboutCity Council Resolution 1984-706CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of the City Council of
the City of Plymouth, Minnesota, was held on the 1st day of October 1984.
The following members were present: Mayor Davenport, Councilmembers Neils,
Schneider and Crain
The following members were absent: Councilmember Moen
Councilmember Neils introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 84- 706
AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE FOR STOBBE DEVELOPMENT, INC.
(82041)
WHEREAS, a Site Plan for Stobbe Development, Inc. located at 11215 12th Avenue North
was approved under City Council Resolution No. 82-472; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Letter of Credit in the amount of $12,904.91; and,
WHEREAS, upon notice from the developer, City staff has inspected said site and
recommends reduction 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 reduction of the Letter of
Credit No. 266 in the amount of $120904.91 submitted to guarantee site improvements
for Stobbe Development, Inc. located at 11215 12th Avenue North to $5,000.00.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Crain and upon vote being taken thereon, t
following voted in favor thereof: Mayor Davenport, Councilmembers Neils,
Schneider and Crain
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed a teu.