HomeMy WebLinkAboutCity Council Resolution 1988-247CITY OF PLVNOUTH
Pursuant to due call and notice thereof, a regularmeeting of the City Council of the
City of Plymouth, Minnesota, was held on theT8tW day of A rail �. 1988. .The
following members were present: Mayor Schne efd r Zouncilmembers Vasillou, Ricer
Zitur and Sisk The
following me ers were absent: None
Councilmember Sisk introduced the following Resolution ar.d moved its
adoption:
RESOLUTION NO. 87-247
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR HONEYWELL, INC. (A-151)
WHEREAS, a Site Plan for Honeywell, Inc. located at 12001 Highway 55 was approved under
City Council Resolution No. 85-166; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Bond In -the amount of $20,000.00; 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 Bond No.
40CHF5413 in the amount of $20,000.00, which was submitted to guarantee site
IwVrovements for Honeywell, Inc. located at 12001 Highway 55.
The -motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Zitur , and upon vote being taken thereon, the follow -Ing
voted In favor thereof: Mayor Schneider, Councilmembers Vasiliou Ricker Zitur
and SiskThe o ow ng
voted,aga nst or absta ned: None Whereupon the
Resolution was declared duly passed and adopted.