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HomeMy WebLinkAboutCity Council Resolution 1984-789CITY OF PLYNOUTR Pursuant to due call and notice thereof, a the City of Plymouth, Minnesota, Wasl. held on The following members were presents Acting Ma follow"and Wip Ift members were absent: Mayor ave meetim of the City Council of i day of November 1984. ?der, Counc mem ers eils Councilmember Crain introduced the following Resolution and motied its adoption: RESOLUTION NO. 84- 789 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR VOLP CONSTRUCTION COMPANY (79076) WHEREAS, the Site Plan for Volp Construction Company located at 3100 Ranceview Lane, was approved under City Council Resolution No. 79-780 and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Bond in the amount of $90,000.00; and, WHEREAS, on September 28, 1981, the Plymouth City Council authorized the reduction of this Bond to $10,000.00; 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 Band; 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 Bond No. 40OFT3123 in the amount of $10,000.00 which was submitted to guarantee site Improvements for Volp Construction Company located at 3100 Ranchview Lane. The motion for adoption of the foregoing Resolution was duly ssoonasd by Councilmember Neils and upon rete being talon t1versong e toflowing voted In favor thereof: Actino Mayor Schneider, Councilmembers Neils and Crain The following voted against or abstaineds none Whereupon the Resolution was declared duly FaM and adopted.