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HomeMy WebLinkAboutCity Council Resolution 1988-086CITY OF PLYMOUTH Pursuant to due call and notice thereof, a rejZular meeting of the City Council of the City of Plymouth, Minnesota was held on the 1st day of February 1988. The following members were present: Mayor Schneider, Councilmem ers VasilioU Ricker. Zitur and Sisk The following members were absent: None Councilmember Sisk introduced the following Resolution and moved its adoption: RESOLUTION NO. 88-86 REVISING DEVELOPMENT CONTRACT FOR PLYMOUTH OFFICE COMMERCIAL PARK (79025) WHEREAS, the City Council approved the Final Plat and Development Contract for Plymouth Office Commercial Park on April 7, 1980 by Resolution No. 80-222; and WHEREAS, the Development Contract provides that the Developer shall install and complete the improvements to this plat in accordance with City specifications; and WHEREAS, the Developer did not complete the improvements in accordance with the contract and has requested the contract be revised. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA; that the Development Contract for Plymouth Office Cosssercial Park approved by Resolution No. 80-222 on April 7, 1980, is hereby revised in accordance with the contract dated February 1, 1988. FURTHER, Begin Development and Vantage Company shall execute an acknowledgment of the development contract and that no building permits will be issued until the financial guarantees required by paragraph 6 of the development agreement is complied with and that park dedication fees will be determined at the time building permits are issued. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Zitur , and upon vote being taken thereon, the following voted in favor thereof: Mayo. Schneider, Councilmembers Vasiliou, Ricker, Zitur and Sisk The following votes' against or abstained: None Whereupon the Resolution was declared duly passed and adopted. .