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HomeMy WebLinkAboutCity Council Resolution 1995-679• CITY OF PLYMOUTH RESOLUTION 95 -679 RELEASING SITE PERFORMANCE GUARANTEE FOR TREE PRESERVATION ABINGDON DEVELOPMENT CORP. (94135) WHEREAS, the City Council approved a Final P1aNPlat and Development Contract Resolutions 95-64 and 95-65 on January 17, 1995, for Abingdon Development Corp. developer of Shore of Kreatz Lake located east of Kreatz Lake on Kimberly Lane North and, WHEREAS, the Resolutions 95-64 and 95-65 provided for compliance with Resolution 89439 regarding a Tree Preservation Plan; and, WHEREAS, the developer provided a financial guarantee in the amount of $24,700.00 to secure execution of the Tree Preservation Plan; and, WHEREAS, the City Forester in a letter dated October 16, 1995 has certified the development and now recommends release of the remaining financial guarantee; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CCTY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should and hereby does authorize a release of the financial guarantee in the amount of $24,700.00, which was submitted I* guarantee Tree Preservation for the Shores of Kreatz Lake. Adopted by the City Council on November 14, 1995.