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HomeMy WebLinkAboutCity Council Resolution 1995-416CITY OF PLYMOUTH RESOLUTION 95.416 MUCING SITE V*MOVEMMNT PERFORMANCE GUARANTEE OPUS CORPORATION / FINGERHUT CORPORATION(%%) WHEREAS, in accordance with the final plaWplat and resolutions 94-410 dt 94-411 approved on August 01. 1994, for Opus Corporation, developer of Fingerhut Corpondon MM), has agreed to install certain site improvements for said development; and WHEREAS, the developer has completed a majority of the site imps and the following deficiencies remain: Completion of trash enclosure, sod/seed landscape tnstallatbn, and submitbd of Aa -Built utility plans to the Engineering Department. and; WHEREAS, upon notice from the developer, City staff has inspected said site and recommends a reduction of the fmancial guarantee to reflect the completed work; ( NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should and hereby does authorize a reduction of the Bond which was submitted to guarantee site improvements for Fingerhut Corporation in Bass Creek Office Park to the niaw amount of $30,000.00. Adopted by the City Council on July 18, 1995