HomeMy WebLinkAboutCity Council Resolution 1987-759CITY OF PLttM11'M
Pursuant to due call and notice thereof, a R larlar meetlnq of the City Council of the
City of Plymouth, Minnesota, was held on the16th day of November , 1997. The
following members were present: Mayor Schneider,ouncilmembers V43111 u. Crain. Sisk
s were assent:
i#i Rii RAR
Councilmember Sisk Introduced the following Resolution and moved Its
adoptl
RESOLUTION NO. 97-759
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR CARLSON COMPANIES (86134)
WHEREAS, a Site Plan for Carlson Companies located east of 16th Avenue North and County
Road 6 was approved under City Council Resolution No. 87-141; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Bo.:d in the amount of 5931,750.00= 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 PLYMOUTH,
MINNESOTA, that It should and hereby does authorize the release of the Performance Bond
No. N36SBI0O3776279CA in the amount of 593,750.00 which was submitted to guarantee site
improvements for Carlson Companies located east of 16th Avenue North and County Road 6.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Vasiliou , and upon vote being taken thereon, the folio -011w,
voted in favor thr:remD : 4 s
he fellow ng
voted against ora stat reupon the
Resolution was declared duly passed and adopted.