HomeMy WebLinkAboutCity Council Resolution 1985-864CITY 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 21St day of October , 1985.
The following members were present: Mayor Davenport. Councilmembers Crain. Neils.
Schneider and Vasiliou
The following members were absent: none
Councilmember Neils introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 85-864
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR STOBBE DEVELOPMENT COMPANY, INC.
(84062)
WHEREAS, a Site Plan for Stobbe Development Company, Inc. for property at 11210 12th
Avenue North, was approved under City Council Resolution No. 84-520; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Letter of Credit in the amount of $14,295.00; and,
WHEREAS, upon notice from the developer, City staff has inspected said site and
recommends release of the Letter of Credit;
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 Letter of Credit
No. 370 in the amount of $14,295.00 which was submitted to guarantee site improvements
for Stobbe Development Company, Inc. for property at 11210 12th Avenue North.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Vasiliou , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport. Councilmembers Crain. Neils.
Schneider and Vasiliou
The following voted against or abstained: none
•hereupon the Resolution was declared duly passed and adopted.