HomeMy WebLinkAboutCity Council Resolution 1989-043CITY 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 23rd day
of January , 1989 The following members were present:
Mayor Schneider, Counci.lmembers Vasiliou, Ricker and Sisk
The following members were absent: Councilmember zitur
Councilmember Sisk introduced the following Resolution and
moved its adoption:
RESOLUTION 89-43
AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE FOR RONALD JECHA FOR PDI
(88009)
WHEREAS, a Site Plan for Ronald Jecha for PDI located at 14755 27th Avenue
North was administratively approved; and
WHEREAS, the Developer submitted the required Site Performance Guarantee in
the form of a construction loan in the amount of $227,000.00; 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 construction loan in the amount of $227,000.00, which was submitted to
guarantee site improvements for Ronald Jecha for PDI located at 14755 27th
Avenue North, to $141,000.00.
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
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The following voted against or abstained None
Whereupon the Resolution was declared duly passed and adopted.