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HomeMy WebLinkAboutCity Council Resolution 1995-591• CITY OF PLYMOUTH RESOLUTION 95 - 591 RELEASING SITE IMPROVEMENT PERFORMANCE GUARANTEE GREAT MIDWEST CONSTRUCTION, INC. FOR LANCASTER APARTMENTS (90104) WHEREAS, in accordance with the Site Putt Resolution 91-126 approved on Manch 04, 1991, for Great Midwest Construction, Inc. developer of Lancaster Apartments (90104), has agreed to install certain site improvements for said development; and WHEREAS, the developer has completed all site improvements including the winter survivability of the landscaping, top lift of private drive, fire lane signs up, and As - Built utility plan submitted to the Engineering Department and WHEREAS, upon notice from the developer, City staff has inspected said site and recommends a release of the financial 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 release of the Letter of Credit in the amount of $10,000.00. which was submitted to guarantee site improvements for Lana.ter Apartments. Adopted by the City Council on October 03, 1995 •