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HomeMy WebLinkAboutCity Council Resolution 1992-381CITY OF PLYMOUTH RESOLUTION 92- 381 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR LEN BUSCH ROSES LOCATED AT MEDINA ROAD WEST OF COUNTY ROAD 101 (90038) WHEREAS, a Site Plan for Len Busch Roses was approved under City Council Resolution 91-394; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Certificate of Deposit in the amount of $7,380; and, WHEREAS, the City Council, under Resolution 91-804, authorized the reduction o; the Certificate of Deposit to $3,383; 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 Certificate of Deposit in the amount of $3,383, which was submitted to guarantee site improvements for Len Busch Roses. Adopted by the City Council on July 6, 1992.