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HomeMy WebLinkAboutCity Council Resolution 1986-659CITY 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 6'tW - day of October 1986. The following members were present: Mayor Schneider, ouncilmembers Crain, as lion, and Zitur The following mem ers were absent: Councilmember Sisk Councilmember Crain introduced the following Resolution and moved its adoption: RESOLUTION NO. 86-659 AUTHORIZING REDUCTION OF SITE IMPROVEMENT PERFORMANCE GUARANTEE FOR FOUR SEASONS AUTOMOTIVE (85012) WHEREAS, a Site Plan for Dan Robbins, Jerry's Service, Inc., located at 9950 County Road 9 was approved under City Council Resolution No 85-297; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Dispersement Account in the amount of $114,858.00; and, WHEREAS, upon notice from the developer, City staff has inspected said site and recommends reduction of the Financial Guarantee; iNOW, 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 Disparsement Account in the amount of $114,858.00 which was submitted to guarantee site improvements for Four Seasons Automotive at 9950 County Road 9 to $10,00.00. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Zitur , and upon vote being taken thereon, the follow nq voted in favor thereof: a or Schniider, Councilmembers Crain, Vasiliou and Zitur eo ow nq voted against or abstained: none hereupon the Resolution was declared duly passe s; -id adopted.