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HomeMy WebLinkAboutCity Council Resolution 1987-680CITY OF PLYMOUTH Pursuant to due call and notice thereof, arhe ulaarr meeting of the City Council of the City of Plymouth, Minnesota, was held on the 19th day of October 1987. The following members were present: Mayor Schne ei a Z`ouncilmem ers as ou Zitur, Crain and Sisk The following me ers were absent: None Councilmember Zitur introduced the following Resolution and moved its a opt on: RESOLUTION NO. 87-680 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR JAMES PETERSON FOR WILLOWHAVEN NORTH (86033) WHEREAS, a Final Plat for James Peterson for Willowhaven North located southeast of Schmidt Lake Road and Vicksburg Lane was approved under City Council Resolution No. 86-537; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Letter of Credit in the amount of $1,443.00; and, WHEREAS, upon notice from the developer, 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, MINNESOTA, that it should and hereby does authorize the release of the Letter of Credit In the amount of $1,443.00 which was submitted to guarantee site improvements for James Peterson for Willowhaven North located southeast of Schmidt Lake Road and Vicksburg Lane. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Sisk , and upon vote being taken thereon, the following voted In favor thereof: ayor, Heider, Councilmembers Vasiliou, Zitur, Crain and Sisk afo ow nq vol-evol—eU aga nst or a s a neNone Whereupon the Resolution was declared duly Passed and a opte