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HomeMy WebLinkAboutCity Council Resolution 1988-561CITY OF PLYMOUTH Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota, was held on the 13th day of sg9tuwmr 19jjL- The following members were present: Mayor Schneider, Coun itm.mh rs Vasiliou. Ricker and Zitur The following members were absent: Councilmember Sisk Councilmember Zitur introduced the following Resolution and moved its adoption: RESOLUTION 88- 561 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR BUHLER MIAG (86040) WHEREAS, a Site Plan for Buhler Miag located at 1100 Xenium Lane was administratively approved; and WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a bond in the amount of $36,000; and, WHEREAS, upon notice from the developer that the 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 of the Site Performance Bond in the amount of $36,000 which was submitted to guarantee site improvements for Buhler Miag, located at 1100 Xenium Lane. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Ricker , and upon vote being taken thereon, the following voted in favor thereof: Mayor Schneider, Councilmembers Vasiliou, Ricker and Zitur The following voted against or abstained None Whereupon the Resolution was declared duly passed and adopted.