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HomeMy WebLinkAboutCity Council Resolution 1994-606• CITY OF PLYMOUTH ABSOLUTION N - 606 AU'IHOR123M REDUCTION OF SITE PBRPORMANCE OUARANTHB FOR AROUS DEVELOPMENT FOR PROPERTY LOCATED NORTHEAST OF COUNTY ROAD 9 AT GOLDENROD LANE NORTH (92110) WIIMMAS, a Iandnapit Phm for Englewood wu appmved under City Council Resolution 93-189; and, WMMMAS, the developer mbmiod the required Site Pedmmance Gmantee is the form of a Letter of Credit in the amount of $179360; and, WMRAS, upon notice from the developer, City staff hu inspected aid doe and recommends a Seduction of the financiel guumfte; NOW, 11HEREPOPA BE 1T HERBY RESOLVED BY THE CITY COUNCIL. OF THE CPIY OF PLYMOUTH, MINNESO'T'A, that it should and buff dna wtb vin the Seduction of the Letter of Craft in the amount of $13,070 to a new total guarantee of $4,340. Adopted by the City Council on October 3, 1994. •