HomeMy WebLinkAboutCity Council Resolution 1985-896CITY OF PLYMOUTH
Pursuant to due call and notice thereof, arhe ulaarr meeting of the City Council of
the City of Plymouth, Minnesota, was held on the 4th day of November 1985.
The following members were present: Mayor Davenpor , ouncilmembers a s, _
Schneider, Crain and Vasiliou
The following members were absent: none
t�f
Councilmember Vasiliou introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 85- 896
AUTHORIZING RFLEASE Of SITE PERFORMANCE GUARANTEE FOR R. L. JOHNSON INVESTMENT COMPANY
(93014)
WHEREAS, a Site Plan for R. L. Johnson Investment Company for property 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, the City Council under Resolution No. 85-171 approved the reduction of this
Bond to $10,000.00; 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. 6104968
in the amount of $10,000.00 which was submitted to guarantee site improvements for
R. L. Johnson Investment Company for property at 1609 County Road 18.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Schneider , and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport, Councilmembers Neils,
Schneider, Crain and Vasiliou
The following voted against or abstained: none
Wwreupon the Resolution was declared duly passed and adopted.