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HomeMy WebLinkAboutCity Council Resolution 1993-647• CITY OF PLYMOUTH RESOLUTION 93 - 647 RELEASE OF SITE PERFORMANCE GUARANTEE FOR ZERO MAS FOR PROPERTY LOCATED AT 13200 6TH AVENUE NORTH (91075) WHEREAS, a Site Plan for Zero Max was approved under City Council Resolution 91- 583; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Certificate of Deposit in the amount of $55,795, and, WHEREAS, the City Council, under Resolution 92-387, authorized the reduction of the Certificate of Deposit to $6,448; and, WHEIREAS, 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, M]DOMSOTA, that it should and hereby does authorize the release of the Certificate of Deposit #881744 in the amount of $6,448, which was submitted to guarantee site improvements for Zero Max located at 13200 6th Avenue North. Adopted by the City Council on October 18, 1993.