HomeMy WebLinkAboutCity Council Resolution 1995-625•
CITY OF PLYMOUTH
RESOLUTION 9S - 625
RELEASING SITE IMPROVEMENT PERFORMANCE GUARANTEE
UNTIED PROPERTIESMAILY PRINTING (94021)
WHEREAS, in accordance with the Site Plan that was approved by Administrative
Approval Letter Dated April 27, 1994; for United Properties developer of Daily
Printing (94021), 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 and submittal of As -Built utility plan to the Engineering
Department.
WHEREAS, upon notice from the developer, City staff has inspected said site and
recommends a release of the financial guarantee to reflect die 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 $55,000.00 which was submitted to
guarantee site improvements for Daily Printing.
Adopted by the City Council on October 24, 1995