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HomeMy WebLinkAboutCity Council Resolution 1987-050CITY OF PLYMOUTH Pursuant to due cal: and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota, was held on the day of Januar , 1987. The following members were present: Mayor Schneider Z ouncllmembers Crain, Sisk, ani Vasillou e following rs were sent: Councilmember Zitur Councilmember Sisk Introduced the following Resolution and moved Its adopt on: RESOLUTION NO. 87-50 AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE FOR REYNOLDS CONSTRUCTION, INC. (86101) WHEREAS, the site plan for Reynolds Construction, Inc. for Perkins Restaurant located at 2945 Empire Lane was approved under City Council Resolution No. 86-647; and WHEREAS, the developer submitted the required site performance guarantee In the form of a Cash Deposit in the amount of $6,525; and, WHEREAS, upon notice from the developer, City staff has inspected said site and recommends reduction 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 reduction of the Cash Deposit in the amount of $6,525 which was submitted to guarantee site improvements for Reynolds Construction, Inc. for Perkins Restaurant at 2945 Empire Lane, to $500. The motion for adoption of the foregoing Resolution was duly seconded by _ Councilmember Crain , and upon vote being taken thereon, the follow ng voted n favor thereof: or der Councilmembers Crain Sisk and Vasiliou The following voted against orabstained: none Whereupon the Resolution was declared duly passed and adopted.