HomeMy WebLinkAboutCity Council Resolution 1988-637CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota, was held on the 3rd day of October,
19 88 The following members were present: Mayor Schneider, Councilmembers
Vasiliou, Ricker, Zitur and Sisk
The following members were absent: None
Councilmember Zitur
its adoption:
introduced the following Resolution and moved
RESOLUTION 88- 637
AUTHORIZING RELEASE OF SITE PERFORMANCE FOR TRAMMEL CROW COMPANY (86145)
WHEREAS, a Site Plan for Trammel Crow Company located at 1 Carlson Parkway was
approved under City Council Resolution No. 81-112; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in the form
of a Letter of Credit in the amount of $310,900; and,
WHEREAS, upon notice from the developer, the 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 release of the Letter of Credit
Number 1031 in the amount of $310,900 which was submitted to guarantee site
improvements for Trammel Crow Company located at 1 Carlson Parkway.
The motion for adoption of the foregoing Resolution was duly seconded by
Couneilmembe Zitur , and dpon vote being taken thereon, the
following voted in favor thereof: Mayor Schneider, Councilmembers Vasiliou.
Rieker. 7itur and Sisk The
following voted against or abstained None Whereupon
the Resolution was declared duly passed and adopted.