HomeMy WebLinkAboutCity Council Resolution 1987-047CITY 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 12th day of January , 1987. The
following members were present: Mayor Schneider, Councilmembers Crain, Sisk and
Vasiliou The
following members were absent: Councilmember Zitur
Councilmember Sisk introduced the following Resolution and moved Its
adoption:
RESOLUTION NO. 87-47
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR CATES CONSTRUCTION FOR MID -CO TV
(84074)
WHEREAS, the site plan for Cates Construction for Mid -Co TV located at 3440 Kilmer Lane
was approved under City Council Resolution No. 84-703; and
WHEREAS, the developer submitted the required site performance guarantee in the form of
a Bond in the amount of $35,000; and,
WHEREAS, the City Council under Resolution No. 85-515 reduced this bond to $5,000; and,
WHEREAS, upon notice from the developer that required site improvements had been
completed, City staff has Inspected said site and recommends release of the financial
guarantee:
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MIN-
NESOTA, that It should and hereby does authorize the release of the Site Performance
Bond in the amount of $5,000 which was submitted to guarantee site improvements for
Cates Construction for Mid -Co TV located at the 3440 Kilmer Lane.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Crain , and upon vote being taken thereon, the following
voted in favor thereof: ayor neider, Councilmembers Crain, Sisk, and Vasiliou
The following
voted against or abstained: none Whereupon the
Resolution was declared duly passed and adopted.