HomeMy WebLinkAboutCity Council Resolution 1990-507CXTY Or FLYMUTH
Pursuant to due call and notice thereof, a regular meeting of the
City Council of the City of Plymouth, Minnesota, was held on the 20th day of
August , 199_ The following members were present:
Mayor Bern, Cou_ncilmembers Helliwell. Ricker` `favi 1 iou, and Zitur
The following members were absent: None
flavor Bergman introduced the following Resolution and
moved its adoption:
RESOLUTION 90-507
AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE AND APPROVING AMENDED
LANDSCAPE PLAN FOR SCHUETT INVESTMENT COMPANY FOR "COACHMAN TRAILS" (85022)
WHEREAS, a Site Plan for Schuett Investment Company was approved under City
Council Resolution 85-398; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in
the form of a cash deposit in the amount of $196,500; and,
WHEREAS, Resolution 88-13 authorized reduction of the cash deposit to
$102,250; and,
WHEREAS, Resolution 88-794 authorized reduction of the cash deposit to
' $63,750; and,
WHEREAS, Resolution 89-146 authorized reduction of the cash deposit to
$40,000; and,
WHEREAS, Resolution 90-403 authorized release of the financial guarantee based
upon notice from the developer that all work had been completed; and,
WHEREAS, subsequent information and inspections verified the work was in
variance from the intent of the City Council's site plan approval under
Resolution 85-398;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA, that it should and hereby does recind Resolution 90-403;
FURTHER, the administrative staff is authorized to reduce the cash deposit
which was submitted to guarantee site improvements for Schuett Investment
Company for "Coachman Trails" to the amount of $20,000.
The motion for adoption of the foregoing Resolution was duly seconded
by Cou_n_cilmember Zitur , and upon vote being taken thereon,
the following voted in favor thereof: mayor Rarg=n- Councilnuumbers
Helliwell, Ricker, Vasiliou, and Zitur
The following voted against or abstained None
Whereupon the Resolution was declared duly passed and adopted.