HomeMy WebLinkAboutCity Council Resolution 1992-762CITY OF PLYMOUTH
RESOLUTION 92-762
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR VICORP RESTAURANTS, INC.
FOR BAKERS SQUARE RESTAURANT LOCATED AT 4171 VINEWOOD LANE NORTH (91007/90051)
WHEREAS, a Site Plan for Bakers Square was approved under City Council
Resolution 90-320 and an Administrative Approval Letter dated March 21, 1991;
and,
WHEREAS, the developer submitted the required Site Performance Guarantee in
the form of a bond in the amount of $86,700; 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 bond in the amount of $86,700, which was submitted to guarantee site
improvements for Bakers Square Restaurant.
Adopted by the Cit. Council on November 30, 1992.