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HomeMy WebLinkAboutCity Council Resolution 1993-750CITY OF PLYMOUTH RESOLUTION 93 -750 AUTHORIZING RELEASE OF SITE PERFORMANCE GUARANTEE FOR OPPORTUNITY WORKSHOP, INC.FOR PROPERTY LOCATED AT 10000 51ST AVENUE NORTH (91049) WHEREAS, a Site Plan for Opportunity Workshop, Inc. was approved under an Administration Approval Lester dated July 12, 1991; and, WHEREAS, the developer submitted the required Site Performance Guarantee in the form of a Bond in the amount of $35,102.68; and, WJffiiBAS, the City Council, under Resolution 92-722, authorized the reduction of the bond to $5,375; 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 IMM C1TY COUNCIL OF THE CITY OF PLYMOUTH, M[NNESOTA, that it shoukt and hereby does authorize the release of the Savings Account #6232147145 in the amount of $5,375, which was submitted to guarantee site improvements for Opportunity Workshop, Inc., located at 10000 51st Avenue North. Adopted by the City Council on November 15, 1993.