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HomeMy WebLinkAboutCity Council Resolution 1985-5910 CITY OF PLYMOUTH Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota, was held on the 12th day of August 1985. The following members were present: Mayor Davenport, Councilmembers Neils, C' -L_ J_._ __J were absent: Counc tri n Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NO. 85- 591 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR BATON CORPORATION FOR MISSION OAKS FIRST ADDITION (A-338) WHEREAS, a Site Plan for Baton Corporation for Mission Oaks First Addition located at 11801 County Road 9 was approved under City Council Resolution No. 82-354; and, WHEREAS, the developer subm'.tted the required Site Performance Guarantee in the form of a Savings Certificate in the amount of $50,405.00; and, .WHEREAS, the City Council on December 5, 1983, per Resolution No. 83-663 authorized the reduction of this Savings Certificate to $20,000.00; and, WHEREAS, the City Council on March 18, 1985, per Resolution No. 85-200 reduced this Savings Certificate to $10,000.00; and, WHEREAS, upon notice from the developer, City staff has inspected said site and recommends release of the 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 release of the Savings Certificate No. 269 in the amount of $50,405.00 which was submitted to guarantee site improvements for Baton Corporation for Mission Oaks First Addition located at 11801 County Road 9. 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: Mayor Davenport, Councilmembers Neils, Schneider and Vasiliou The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.