HomeMy WebLinkAboutCity Council Resolution 1986-468CITY OF PL"W M
Pursuant to due call and notice thereof, a regular meeting of the City Council of the
City of Plymouth, Minnesota, was held on the 4tt`i— day of Auoust . 1986. The
following members were present: Mayor schneidei touncilmembers Sisk, Va31110U,—and
Zitur
The
following me ers were absent: Councilmember Crain
x�r
Councilmember Sisk introduced the following Resolution and moved its
a opt on:
RESOLUTION NO. 86-468
AUTHORIZING RELFASE OF SITE PERFORMANCE GUARANTEE FOR KNUTSON CONSTRUCTION COMPANY FOR
DANA CORPP,i{ATION (81067)
WHEREAS, a Site Plan for Knutson Construction Company for Dana Corporation located at
15905 Highway 55, was approved under City Council Resolution No. 82-71; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Bond in the amount of $87,225.00; 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.
511F7655 in the amount of $87,255.00 which was submitted to guarantee site improvements
for Knutson Construction Company for Dana Corporation located at 15905 Highway 55.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Zitur , and upon vote being taken thereon, the o ow Tng
voted In favor t ereo ayor Schneidelp Councilmembers Sisk Vasiliou and Zitur
The follow 7ng
voted against or abstained: none Whereupon the
Resolution was declared duly pass an a op e .