Loading...
HomeMy WebLinkAboutCity Council Resolution 1985-012CITY OF PUNDUTH • Pursuant to due call and notice thereof, a Regular meeting of the City Council of the City of Plymouth, Minnesota, was held on the M day of Januar . 1985. The following members were present: Mayor Davenpori�ouncilmembers Lrain, Neils Schneider and Vasiliou The following s were absent: None Councilmember Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 85- 12 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR HONEYWELL, INC. (81072) WHEREAS, a Site Plan for Honeywell, Inc. located at 12001 Highway 55, was approved under City Council Resolution No. 82-54; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Bond in the amount of $525,000.00; and, WHEREAS, upon notice from the developer, City staff has inspected said site and recommends release of the Bond; .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. 400CE4071 in the amount of $525,000.00 which was submitted to guarantee site improvements for Honeywell, Inc. located at 12001 Highway 55. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Schneider , and upon vote being taken thereon, the followingvoted n favor thereof:ayor avenport, Councilmembers Crain, Neils, Schnei er and Vasiliou IM followinig voted agaimt or abs one Wwwoupon the Resolution was declared duly passed and adopted. resolutions(bondrel)l