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HomeMy WebLinkAboutCity Council Resolution 1992-334CITY OF PLYMOUTH RESOLUTION 92-334 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR U.S. HOMES CORPORATION TREE PRESERVATION FOR BRIDLEWOOD FARM 1ST ADDITION (90028) WHEREAS, the City Council approved a Final Plat and Development Contract for Bridlewood Farm by Resolution 91-354; and, WHEREAS, the Development Contract provided for a Tree Preservation Plan; and, WHEREAS, the developer provided a financial guarantee in the amount of $9,550 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 for Tree Preservation for Bridlewood Farm 1st Addition in the amount of $9,550. Adopted by the City Council on June 15, 1992. res/cc/90028:dh) M •