HomeMy WebLinkAboutCity Council Resolution 1985-171CITY OF PLYMOUTH
Pursuant to due call and notice thereof, j regular meeO nq of the City Council of
the City of Plymouth, Minnesota, was held ..n the 4th day of March 1985.
The following members were present: Mayor Davenpor ounci1members rain,
Schneider and Vasiliou
The following members were absent: Councilmember Neils
Councilmember Schneider introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 85-171
AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE FOR R. L. JOHNSON INVESTMENT
COMPANY (83014)
WHEREAS, a Site Plan for R. L. Johnson Investment Company for property located at 1609
County Road 18 was approved under City Council Resolution No. 83-550;
and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Bond in the amount of $75,000.00; and,
WHEREAS, upon notice from the developer, City staff has inspected said site and
recommends reduction 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 reduction of the Bond No.
6104968 in the amount of $75,000.00 which was submitted to guarantee site improvements
for R. L. Johnson Investment Company for property located at 1609 County Road 18, to
$10,000.00.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Crain , and upon vote being taken thereon, the
following voted in favor thereof: Mayor DDenport, Councilmembers Crain,
Schneider and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.