HomeMy WebLinkAboutCity Council Resolution 1986-093CITY 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 1 th day of February 1986.
The following members were present: Mayor Schneider,Z.o cilmembers rain, risk,
Zitur and Vasiliou
The following members were absent: none
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Councilmember Sisk introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 86- 93
AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE FOR BATON CORPORATION FOR PARKSIDL
AT MEDICINE LAKE (A-338)
WHEREAS, a Site Plan for Baton Corporation for Parkside at Medicine Lake located
southwest of County Road 9 and 41st Avenue North was approved under City Council
Resolution No. 85-644; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Site Improvement Account in the amount of $600,000.00; and,
.WHEREAS, upon receiving written certification from the developer's consulting engineer,
City staff has inspected said site and recommends reduction of the Site Improvement
Account;
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 Site
Improvement Account in the amount of $600,000.00 which was submitted to guarantee site
improvements for Baton Corporation for Parkside at Medicine Lake located southwest of
County Road 9 and 41st Avenue North, to $363,000.00
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: Mayor9-cFneider_ Councilmembers Crain, Sisk,
Zitur and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.