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HomeMy WebLinkAboutCity Council Resolution 1987-535CITY OF PLYMOUTH IDPursuant to due call and notice thereof, arhe ulaarr meeting of the City Council of the City of Plymouth, Minnesota, was held on the 17th day of Au ust, 1987. The following members were present: Mayor Schnei er, ouncilmembers as ou, ZItue and Sisk ThF— following members were absent: CouncIlmember Crain Counclimember Sisk introduced the following Resolution and moved Its adoption: RESOLUTION NO. 87-535 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR REYNOLDS CONSTRUCTION INC. ( 86101) WHEREAS, a 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 $6,525.00; and, WHEREAS, the City Council under Resolution No. 87-50 authorized the reduction of the cash deposit to $500.00; and, WHEREAS, upon notice from the developer that required site improvements had been completed, City staff Inspected said site and recommends release of the financial guarantee; NOW, THEREFORE, BE 1T HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that It should and hereby does authorize the release of the cash deposit In the amount of $500.00 which was submitted to guarantee site improvements for Reynolds Construction Inc., for Perkins Restaurant at 2945 Empire Lane North. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Zitur , and upon vote being taken thereon, the foliow nq voted n favorthereof: _.Mayor Schneider, Counctimembers Vasiliou, Zitur and Sisk The fZ of w' q voted against or abstained: Rone Whereupon the Resolution was declared duly passed and adopted.