HomeMy WebLinkAboutCity Council Resolution 1989-007CITY OF PLYMOUTH
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$2— 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 89-07
AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR LUNDGREN BROTHERS
CONSTRUCTION COMPANY FOR MISSION PONDS (A-338)
WHEREAS, a site plan for Lundgren Brothers Construction Company for Mission
Ponds located at the northwest corner of Zachary Lane and 36th Avenue North
was approved under City Council Resolution No. 77-558; and
WHEREAS, the developer submitted the required site performance guarantee in
the form of a bond in the amount of $25,000; and,
WHEREAS, the City Council under Resolution No. 87-187 authorized the reduction
of the bond to $7,000; 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 Site Improvement Bond No. 54-14460 in the amount of $7,000 which was
submitted to guarantee site improvements for Lundgren Brothers Construction
Company for Mission Ponds located at the northwest corner of Zachary Lane and
36th Avenue North.
The motion for adoption of the foregoing Resolution was duly seconded
by Councilmember Vasiliou , and upon vote being taken thereon,
the following voted in favor thereof: Mayor Schneider, Councilmembers Vasiliou,
The following voted against or abstained None
Whereupon the Resolution was declared duly passed and adopted.