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HomeMy WebLinkAboutCity Council Resolution 1989-769CITY OF PLYMOUTH Pursuant to due call and notice thereof, a reeular meeting of the City Council of the City of Plymouth, Minnesota, was held on the 4th day Of December , 19-0_ The following members :were present: Mayor Schn ider_ Cmincilmembers Ricker Zitur and Sisk The following members were absent:__Councilmember Vasiliou Councilmember Sisk introduced the following Resolution and moved its adoption: RESOLUTION 89-769 AUTHORIZING RELEASE OF PERFORMANCE GUARANTEE FOR CENTURION COMPANY FOR VICKSBURG PLAZA SHOPPING CENTER (88081) WHEREAS, a Site Plan for Centurion Company for Vicksburg Plaza Shopping Center located between 10th and 12th Avenue North on Vicksburg Lane was approved under City Council Resolution 88-507; and, WHEREAS, the developer submitted the required Performance Guarantee in the form of a letter of credit in the amount of $10,000; 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 letter of credit in the amount of $10,000, which was submitted to guarantee removal of nonconforming uses for Centurion Company for Vicksburg Plaza Shopping Center located between 10th and 12th Avenue North on Vicksburg Lane. The motion for adoption of the foregoing Resolution was duly seconded by Counnilmmember Zitur , and upon vote being taken thereon, the following voted in favor thereof: Mayor Schneider, Councilmembers Ricker. Ziturand Sisk The following voted against or abstained None Whereupon the Resolution was declared duly passed and adopted.