HomeMy WebLinkAboutCity Council Resolution 1992-559CITY OF PLYMOUTH
RESOLUTION 92-SS9
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR WELSH COMPANIES FOR
GRAYBOW DANIELS LOCATED AT 2400 ZENIUM LANE NORTH (91058)
WHEREAS, a Site Plan for Graybow Daniels was approved under City Council
Resolution 91-500; and,
WHEREAS, a Site Plan Amendment was approved by an Administrative Approval
letter dated November 5, 1992; and,
WHEREAS, the developer submitted the required Site Performance Guarantee in
the form of a Letter of Credit in the amount of $8,500; 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 Letter of Credit No. 1083 in the amount of $8,500, which was submitted to
guarantee site improvements for Graybow Daniels.
Adopted by the City Council on September 21, 1992.