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HomeMy WebLinkAboutCity Council Resolution 1993-044CITY OF PLYMOUTH RESOLUTION 93-44 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR GAGE MARKETING GROUP, INC. FOR THE S.J. GROVES BUILDING LOCATED AT 10000 STATE HIGHWAY 55 (92106) WHEREAS, a Site Plan for the S.J. Groves Building for a parking lot expansion was approved under an Administrative Approval Letter dated November 16, 1992; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of cash in the amount of $14,000; 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 cash in the amount of $14,000, which was submitted to guarantee site improvements for the S.J. Groves Building. Adopted by the City Council on January 25, 1993.