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HomeMy WebLinkAboutCity Council Resolution 1985-513CITY 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 15th day of Jul. 1985. The following members were present: Mayor Davenport, Councilmembers Neils, Schneider. Crain and Vasiliou The following members were absent: none Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NO. 85- 513 AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE FOR RUTLEDGE CONSTRUCTION COMPANY (84025) WHEREAS, a Site Plan for Rutledge Construction Company located at the southwest corner of Fernbrook and Harbor Lane was approved under City Council Resolution No. 84-360; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Time Savings Certificate in the amount of $47,333.00; and, WHEREAS, upon notice from the developer, City staff has inspected said site and recommends reduction of the Time Savings Certificate; 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 Time Savings Certificate No. 4536 in the amount of $47,333.00 which was submitted to guarantee site improvements for Rutledge Construction Company located at the southwest corner of Fernbrook and Harbor Lanes, to $5,000.00. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Neils , and upon vote being taken thereon, the following voted in favor thereof: Moyor Dayenport, Councilmembers Neils, Schneider, Crain and Vasiliou The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted