HomeMy WebLinkAboutCity Council Resolution 1987-683CITY 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 theYP
day of October 1987. The
following members were present: Mayor Schneidee Zrouncilmember'—'s 9as'�i7ou, Zitue,
Crain and Sisk e
0 ow ng members were absent: None
Councilmember Zitur Introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 87-683
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR NEDGAARD CONSTRUCTION COMPANY FOR
ALJON TOOL (87052)
WHEREAS, a Site Plan for Nedgaard Construction Company for Aljon Tool located at 15700
28th Avenue North was approved administratively; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Letter of Credit in the amount of $20,440.00; 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
Number 428 in the amount of $20,440.00 which was submitted to guarantee site
Improvements for Nedgaard Construction Company for Aljon Tool located at 15700 28th
Avenue North.
The motion for adoption of the foregoing Resolution was duly seconded by
Counciimember Sisk , and upon vote being taken thereon,t eTi follownq
voted In favor thereof: Mayor c neider, Councilmembers Vasillou, Zitur, Crain
and Sisk The followrnq
voted against or absta ne : Nor hereupon the
Resolution was declared duly passed and adopte