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HomeMy WebLinkAboutCity Council Resolution 1991-601CITY OF PLYMOUTH RESOLUTION 91- 601 AUTHORIZING RELEASE OF PERFORMANCE GUARANTEE FOR TREE PRESERVATION FOR EIDEN CONSTRUCTION COMPANY FOR HAWTHORNE PLACE (90006) WHEREAS, the City Council approved a Final Plat and Development Contract for Eiden Construction Company for Hawthorne Place by Resolution 90-344; and, WHEREAS, the Development Contract provided for a Tree Preservation Plan; and, WHEREAS, the developer provided a financial guarantee in the amount of $4,825 to secure execution of the Tree Preservation Plan; and, WHEREAS, the City Forester has certified the development has complied with the Tree Preservation Plan, and he now 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 #73786 for Tree Preservation for Eiden Construction Company for Hawthorne Place in the amount of $4,825. Adopted by the City Council on October 7, 1991. res/cc/90006