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HomeMy WebLinkAboutCity Council Resolution 1995-726CITY OF PLYMOUTH RESOLUTION 95 - 726 REDUCING SITE IMPROVEMENT PERFORMANCE GUARANTEE ISD 284 WAYZATA PUBLIC SCHOOLS/BIRCHVIEW ELEMIRITARY. (95013) WHEREAS, in accordance with the Site Plan Amendment that was approved by the City Council on Apri14, 1995; for ISD #284 Wayzata Public Schools, developer of Birchview Elementary School (95013), has agreed to install certain site improvements for said development; and, WHEREAS, the developer has completed a majority of the site improvements except: Winter survivability of 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 reduction of the financial guarantee to reflect the completed work; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, M[NNESOTA, that it should and hereby does authorize a $60,570.00 reduction of the Certificate of Deposit which was submitted to guarantee site improvements for Birchview Eemeutary School to a new financial guarantee total of $4,625.00 Adopted,by the City Council on December 05, 1995