HomeMy WebLinkAboutCity Council Resolution 1991-763CITY OF PLYMOUTH
RESOLUTION 91-763
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR CENVESCO, INC. FOR QUAIL
RIDGE OF PLYMOUTH 4TH ADDITION (87134)
WHEREAS, a Site Plan for Quail Ridge of Plymouth 4th Addition was approved
under City Council Resolution 88-409; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in
the form of a Letter of Credit in the amount of $11,160; 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 financial guarantee in the amount of $11,160, which was submitted to
guarantee site improvements for Quail Ridge of Plymouth 4th Addition.
Adopted by the City Council on December 2, 1991.
(res/cc/87134)