HomeMy WebLinkAboutCity Council Resolution 1987-725CITY 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 end— day of November , 1987. The
following members were present: Mayor Sc nye dei, Counci members as liou, Zitur,
Crain and Sisk
The following members were absent: None
Councilmember Sisk introduced the following Resolution and moved Its
adoption:
RESOLUTION NO. 87-725
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR CBM INDUSTRIES (86092)
WHEREAS, a Site Plan for CBM Industries for a site located at 13220 County Road 6 was
approved under City Council Resolution No. 86•-600; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Letter of Credit in the amount of $38,760.00; and,
WHEREAS, upon notice from the developer that required site improvements had been
completed, 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 PLYMOITH,
MINNESOTA, that it should and hereby does authorize the release of the Letter of Credit
No. SB4782 in the amount of $38.760.00 which was submitted to guarantee site
Improvements for COM Industries at 13220 County Road 6.
The motion for adoption of the foregoing Resolution was duly seconded by
Counclimember Zitur , and upon vote being taken thereon, Me follo�nq
voted in lavor thereof: Mayor Schnelder, Ccincilmembers Vasiliou, Zitur, Crain
and Sisk eo ow ng
voted against or a sta ne one hereupon the
Resolution was declared duly passed and a opte