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HomeMy WebLinkAboutCity Council Resolution 1989-004CITY OF PI YMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota, was held on the 3rd day of January, 19 89 The following members were present: Mayor Schneider, Councilmembers Vasiliou, Ricker, Zitur and Sisk The following members were absent: None Councilmember Sisk introduced the following Resolution and moved its adoption: RESOLUTION 59-04 AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE FOR GARY BLEUM FOR PRODESIGN (88113) WHEREAS, a site plan for Gary Bleum for ProDesign located at 2500 Niagara Lane was administratively approved on October 25, 1988; and WHEREAS, the developer submitted the required site performance guarantee in the form of a certificate of deposit in the amount of $18,160; and, WHEREAS, upon notice from the developer, City staff has inspected said site and recommends reduction 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 reduction of the Certificate of Deposit in the amount of $18,160 which was submitted to guarantee site improvements for Gary Bleum for ProDesign located at 2500 Niagara Lane to $3,000. The motion for adoption of the foregoing Resolution was duly seconded by CminvilmPmh Vasilinu , and upon vote being taken thereon, the following voted in favor thereof: Mayor Schneider, Councilmembers Vasiliou, Ricker and Zitur The following voted against or abstained None Whereupon the Resolution was declared duly passed and adopted.