HomeMy WebLinkAboutCity Council Resolution 1990-266CITY 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 16th day
of April , 19 90 The following members were present:
Mayor Bergman, Councilmembers Helliwell, Ricker, and Zitur
The following members were absent: Councilmember Vasiliou
Councilmember Zitur
moved its adoption:
introduced the following Resolution and
RESOLUTION 90- 266
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR RYAN CONSTRUCTION
COMPANY FOR OSTBYE-ANDERSON (88073)
WHEREAS, a Site Plan for Ryan Construction Company for Ostbye-Anderson located
at 10055 51st Avenue North was administratively approved on July 26, 1988;
and,
WHEREAS, the developer submitted the required Site Performance Guarantee in
the form of a bond in the amount of $144,680; and,
WHEREAS, the City Council, under Resolution 89-05, authorized the reduction of
the financial guarantee to $5,000; and,
WHEREAS, upon notice from the developer, 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 the release of
Bond No. B697916 in the amount of $5,000, which was submitted to guarantee
site improvements for Ryan Construction Company for Ostbye-Anderson located at
10055 51st Avenue North.
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 Bergman, Councilmembers
Hellfwpl1. Ricker. and Zitur
The following voted against or abstained None
Whereupon the Resolution was declared duly passed and adopted.