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HomeMy WebLinkAboutCity Council Resolution 1989-202CITY 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 17th day of April , 19_ed._ The following members were present: Mnynr Schneider, Councilmembers Vasiliou, Ricker, Zitur and Sisk The following members were absent: None Cnuncilmamh r Sisk _ _ introduced the following Resolution and moved its adoption: RESOLUTION 89-202 AUTHORIZING REDUCTION OF SITE PERFORMANCE GUARANTEE FOR RYAN CONSTRUCTION FOR AMERIDATA (87005) WHEREAS, a Site Plan for Ryan Construction for Ameridata located at 10200 51st Avenue North was approved under Resolution 87-144; 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 performance bond No. U667741 in the amount of $262,845, which was submitted to guarantee site improvements for Ryan Construction for Ameridata located at 10200 51st Avenue North, to $10,700. 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: Mayor Schneider, Councilmembers Vasiliou, The following voted against or abstained None Whereupon the Resolution was declared duly passed and adopted.