HomeMy WebLinkAboutCity Council Resolution 1991-116CITY OF PLIDIOMH
Pursuant to due call and notice thereof, a regular meeting of the
City Council of the City of Plymouth, Minnesota, was held on the Ah day of
March, 1991. The following members were present: _M&yor BergMAJ4-
Counc+ MrjnbeTs He> > +we> > , Rickey, Vaeiliou, and Zitur
The following members were absent:None
Counci?ma â–ºmer Zitur introduced the following Resolution and
moved its adoption:
RESOLUTION 91-116
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR BERKSHIRE LANE LIMITED
PARTNERSHIP FOR NEW HORIZONS DAY CARE CENTER (90030)
WHEREAS, a Site Plan for New Horizons Day Care Center (Lot 1, Block 1,
Plymouth Office Commercial Park) was approved under City Council Resolution
90-336; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in
the form of a Letter of Credit in the amount of $52,785; 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
the Letter of Credit No. A-1167 in the amount of $52,785, which was submitted
to guarantee site improvements for the New Horizon Day Care Center.
The motion for adoption of the foregoing Resolution was duly seconded
by Cou_nciimember Ricker , and upon vote being taken thereon,
the following voted in favor thereof: Mayor Bergman. Couneilmembers
The following voted against or abstained None
Whereupon the Resolution was declared duly passed and adopted.
(res/cc/90030:jw)