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HomeMy WebLinkAboutCity Council Resolution 1995-764• CITY OF PLYMOUTH RESOLUTION 95 - 764 REDUCING SITE IMPROVEMENT PERFORMANCE GUARANTEE LAUKKA WILLIAMS/PARKERS !AXE 11TH ADD.(94032) WHEREAS, in accordance with the Final Plan/Plat and Development Contract resolution 94-413 & 94-414 approved on August 01, 1994, for IAWdm Williams, developer of Parkers Lake 11th Addition (94032), 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. 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 Cf HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should and hereby does authorize a $37,924.50 reduction of the C.D. which was submitted to guarantee site improvements for Parkers Lake 11th Addition to a new financial guarantee total of $12,641.50 Adopted by the City Council on December 19, 1995