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HomeMy WebLinkAboutCity Council Resolution 1984-787iCITY OF PLYMOUTH Pursuant to due call and notice thereof, a the City of Plymouth, Minnesota, was held on The following mewber3 were present: Acting MaY and Crain The following ■ewbers were absent: Mayor Dav meeting of the City Council of i !_,dad of November . 1984. Councilmember Crain introduced the following Resolution and moved its adoption: RESOLUTION NO. 84- 787 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR VOLP CONSTRUCTION COMPANY (83049) WHEREAS, the Site Plan for Volp Construction Company located at 14000 21st Avenue North, was approved under City Council Resolution No. 83-591; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Letter of Credit in the amount of $29,600.00; and, WHEREAS, upon notice from the developer that required site improvements had been completed, 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 No. 1336 in the amount of $29,600.00 which was submitted to guarantee site improvements for Volp Construction Company located at 14000 21st Avenue North. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Neils , and upon vote being taken thereon, the f owIM voted in favor thereof: Acting Mayor Schneider, Councilmembers Neils and Crain The following voted against or abstained: none Whereupon the Resolution was declared duly p t .