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HomeMy WebLinkAboutCity Council Resolution 1995-3280 CITY OF PLYMOUiM RESOLUTION 95 - 328 REDUCING SITE IMPROVEMENT PERFORMANCE GUARANTEE BOULDER RIDGE 3RD ADDITION (93013) WHEREAS, in accordance with the final plat and development contract resolution 93- 141 & 93-142 approved on March 15, 1993, for Krutzig Homes, Inc., developer of Boulder Ridge 3rd Addition (93013), has agreed to install certain site improvements for said development; and WHEREAS, the developer has completed a portion of the landscaping and winter survivability ; and WHEREAS, upon notice from the developer, City staff has inspected said site and recommends a reduction of the financial guarantee to reflect the completed work; and the following requirements remain: M Installation and winter survivability of remaining landscaping. « As -Built utility plan submitted NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should and hereby does authorize a $3,374.00 reduction of the letter of credit which was submitted to guarantee site Improvements for Boulder Ridge 3rd Addition in the amount of $6,748.00 to a new total guarantee of $3,374.00. Adopted by the City Council on June 06, 1995 C