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HomeMy WebLinkAboutCity Council Resolution 1988-671CITY OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of 1:he City of Plymouth, Minnesota was held on the 3rd day of October , 1988. The following members were present: , Mayor Schneider, Councilmembers Vasiliou, Ricker. Zitur and Sisk , The following members were absent: None Councilmember Sisk introduced the following Resolution and moved its adoption: RESOLUTION NO. 88- 671 REIMBURSING DEVELOPER FOR REQUIRED STREET CONSTRUCTION PLYMOUTH OFFICE COMMERCIAL PARK ADDITION (79025) WHEREAS, the City of Plymouth and Field Financial Corporation, Hew -Lynn and Hegerman Distributors have entered into a revised development contract dated February 12, 1988 for the development of Plymouth Office Commercial Park Addition; and WHEREAS, as part of this development the developer was required to construct Berkshire Lane 66 feet wide face to face of curb, south of the south intersection of Annapolis Lane through the Plymouth Office Commercial Park Addition in order to conform with the: City of Plymouth's overall Thoroughfare Guide Plan; and WHEREAS, it is the policy of the City of Plymouth to reimburse developers for the required street construction in excess of 52 feet wide and as provided for in the development contract; and WHEREAS, the required street construction has been completed and the funds to be reimbursed are $16,815.93; and NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: That the developer, Field Financial Corporation, Hew - Lynn and Hegerman Distributors, is to be reimbursed in the amount of $16,815.93 for required street construction based on the alignment in the approved construction plans and in accordance with Section 2.1b in the development contract. BE IT FURTHER RESOLVED that the funds be allocated from the Municipal State Aid Fund. The motion for the adoption of the foregoing Resolution was duly seconded by Counrilmemher Mrstr and upon vote being taken thereon, the following voted in favor thereof: Magnr Rehnoidar Councilmembers Vasiliou, , Ricker Zitur and Sisk The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted.