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HomeMy WebLinkAboutCity Council Resolution 1991-599CITY OF PLYMOUTH RESOLUTION 91-599 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR MINNEAPOLIS AUTO AUCTION (87099) WHEREAS, a Site Plan for Minneapolis Auto Auction was approved under City Council Resolution 88-51; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a bond in the amount of $27,000; 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 the bond in the amount of $27,000 which was submitted to guarantee site improvements for Minneapolis Auto Auction. Adopted by the City Council on October 7, 1991. (res/cc/87099)