HomeMy WebLinkAboutCity Council Resolution 1987-637CITY 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 5th day of October , 1987. The
following members were present: Mayor Schneierd� oZo ncilmembers as Tfou,-Zitur,
Crain and Sisk
ThF—
following members were absent: None
Councilmember Sisk introduced the following Resolution and moved its
a opt on:
RESOLUTION NO. 87-637
AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE FOR HOLIDAY STATION STORES (85002)
WHEREAS, a Site Plan for Holiday Station Stores located at 10100 County Road 9 was
approved under City Council Resolution No. 85-184; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Bond in the amount of $210,000.00; 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,
MINNESOTA, that it should and hereby does authorize the reduction of the Site
Performance Bond No. 4929459 in the amount of $210,000.00 which was submitted to
guarantee site improvements for Holiday Station Stores Located at 10100 County Road 9
to $1,500.00.
The motion for adoption of the foregoing Resolution was duly seconded by
Counclimember Zitur , and upon vote being taken thereon, the follow ng
voted In favor thereof: or nelder Councilmembers Vasiliou Zitur, Crain
and Sisk The followlnF
voted aga nst or a sta ne : Mone Whereupon the
Resolution was declared duly passed and adopted.