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HomeMy WebLinkAboutCity Council Resolution 1995-329• CITY OF PLYMOUTH RESOLUTION 93 - 329 STTE RUMOVEMENT PERFORMANCE GUARANTEE WEST HEALTH CAMPUS (93068) WHBREAS, in accordance with the site plan and resolution 93465 approved on August 29, 1994, for West Suburban Health Campus joint venture (93068)., has agreed to install certain site improvements for said development; and WHEREAS, the developer has completed 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 fbUo%:ng requirements remain: » Replacement of landscaping and winter survivability of that 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 $31,250.00 reduction of the letter of credit which was submitted to guarantee cite improvements for West Health Campus in the amount of $34,250.00 to a new total guarantee of $3,000.00. Adopted by the City Council on June 06, 1995 •