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HomeMy WebLinkAboutCity Council Resolution 1992-333CITY OF PLYMOUTH RESOLUTION 92-333 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR INDEPENDENT SCHOOL DISTRICT #284 (WAYZATA) FOR GLEASON LAKE ELEMENTARY SCHOOL (90065) WHEREAS, a Site Plan for Gleason Lake Elementary School was approved under City Council Resolution 90-703; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of an Agreement for use of a Savings Certificate in the amount of $40,625; 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 Agreement for use of a Savings Certificate in the amount of $40,625, which was submitted to guarantee site improvements for Gleason Lake Elementary School. Adopted by the City Council on June 15, 1992. (res/cc/90065:dh)