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HomeMy WebLinkAboutCity Council Resolution 1989-078CITY 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 6th day of February, 19_B9 __ The following members were present: Mayor Schneider. Councilmembers Vasiliou. Ricker. Zitur and Sisk The following members were absent: None rnunrilmember Sisk introduced the following Resolution and moved its adoption: RESOLUTION 89-78 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR AMOCO OIL COMPANY (87062) WHEREAS, a site plan for Amoco Oil Company located at 3955 Vinewood Lane was approved under Resolution No. 88-148; and, WHEREAS, the developer submitted the required site performance guarantee in the form of two bonds in the amount of $141,300 and $9,000; and, WHEREAS, upon notice from the developer, City staff has ip_<pected said site and recommends release of the financial guarantee for $141,300; 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 No. 153501 in the amount of $141,300 which was submitted to guarantee site improvements for Amoco Oil Company located at 3955 Vinewood Lane. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Zitur , and upon vote being taken thereon, the following voted in favor thereof: Maynr SrbnPidPr, Cminrilmembprs Vasiliou, Ricke.-, Zitur and Sisk The following voted against or abstained None Whereupon the Resolution was declared duly passed and adopted.