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HomeMy WebLinkAboutCity Council Resolution 1988-563CITY 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 se tembey 1988 The following members were present: Mayor Schneider, Councilmembers Vasiliou, Ricker and Zitur The following members were absent: Councilmember Sisk Councilmember Zitur introduced the following Resolution and moved its adoption: RESOLUTION 88- 563 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR TURCK MULTIPROX, INC. (86012) WHEREAS, a Site Plan for Turck Multiprox located at 300 Campus Drive was approved under City Council Resolution No. 86-159; and, WHEREAS, the CitCouncil under Resolution No. 87-101 authorized the reduction of this bond to 10,000; and WHEREAS, upon notice from the developer that required site improvements had been completed, City staff has inspected the site and recommends release of the financial guarantees; 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 Site Performance Bond No. NC83320/SB50959 in the amount of $10,000 which was submitted to guarantee site improvements for Turck Multiprox, Inc., located at 3000 Campus Drive. 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.