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HomeMy WebLinkAboutCity Council Resolution 1992-421CITY OF PLYMOUTH RESOLUTION 92- 421 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR HOLLYDALE GOLF, INC. LOCATED AT 4710 HOLLY LANE NORTH (91073) WHEREAS, a Site Plan for Hollydale Golf, Inc. for Hollydale Golf Course located at 4710 Holly Lane North was approved under City Council Resolution 91-584; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Certificate of Deposit in the amount of $9,500; 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 No. 8104 in the amount of $9,500, which was submitted to guarantee site improvements for Hollydale Golf, Inc. for Hollydale Golf Course located at 4710 Holly Lane North. Adopted by the City Council on July 20, 1992.