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HomeMy WebLinkAboutCity Council Resolution 1989-420CITY 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 24th day of July , 19_0— The following members were present: Mayor Schneider, Councilmembers Vasilioi, Rlrkt-r- Muir and sisir The following members were absent: None Councilmember Zitur introduced the following Resolution and moved its adoption: RESOLUTION 89- 420 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR GARY BLEUM FOR PRO DESIGN (88113) WHEREAS, a Site Plan for Gary Pleum for Pro Design 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, the City Council under Resolution 89-04 authorized the reduction of the certificate of deposit to $3,000; 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 certificate of deposit in the amount of $3,000, which was submitted to guarantee site improvements for Gary Bleum for Pro Design located at 2500 Niagara Lane. The motion for adoption of the foregoing Resolution was duly seconded by Councilmpmhpr Si-qti , and upon vote being taken thereon, the following voted in favor thereof: Mayor Schneider- CouncilmembprA Vasiliou, Ricker. Zitur and Sisk The following voted against or abstained None Whereupon the Resolution was declared duly passed and adopted.