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HomeMy WebLinkAboutCity Council Resolution 1991-697CITY OF PLYMOUTH RESOLUTION 91- 697 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR HALES MACHINE TOOL, INC. LOCATED AT 2730 NIAGRA LANE (91054) WHEREAS, a Site Plan for Hales Machine Tool, Inc. was approved by an Administrative Approval Letter dated August 7, 1991; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of cash in the amount of $1,000; 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 cash in the amount of $1,000, which was submitted to guarantee site improvements for Hales Machine Tool, Inc. Adopted by the City Council on November 4, 1991. (res/cc/91054)