HomeMy WebLinkAboutCity Council Resolution 1988-487CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meetinq of the City Council of the
City of Plymouth, Minnesota, was held on the --I5 day of August 1988. The
following members were present: Mayor Schne ear, ZounellmembersVasiliou, Ricker,
Zitur and Sisk The
following members were absent: None
Councilmember Sisk introduced the following Resolution and moved Its
adopt on:
RESOLUTION NO. 88-487
AUTHORIZING REDUCTION OF' SITE PERFORMANCE GUARANTEE FOR SCOVTLLE PRESS (82062)
WHEREAS, a Site Plan for Scoville Press, for property at 1.4505 27th Avenue Porth was
approved under City Council Resolution No. 85-664; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form of
a Bond in the amount of $72,000.00; and,
WHEREAS, upon notice from the developer, City staff has inspected said site and
recommends reduction 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 reduction of the Site
Performance Bond No. 686F958-6 in the amount of $72,000.00 which was submitted to
guarantee site improvements for Scoville Press, on property located at 14505 27th
Avenue North to $15,000.00.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Zitur , and upon vote heinq taken thereon, the followinq
voted in favor thereof: Mayor Schneider Councilmembers Vasillou Ricker
Zitur_ and Sisk The fol lowinq
voted against or abstained: alone
Resolution was declared duly passe an adopted.