HomeMy WebLinkAboutCity Council Resolution 1995-765•
CITY OF PLYMOUTH
RESOLUTION 95 - 765
REDUCING SITE IMPROVEMENT PERFORMANCE GUARANTEE
DAHISTROM, PETERSON, EIDEN PARTNERSHIP/COURTYARDS OF
PLYMOUTH (94049)
WHEREAS, in accordance with the Site Plan that was approved by the City Council on
August 1, 1994; for Dahlstrom, Peterson, Eiden Partnership developer of Courtyards
of Plymouth (94049), has agreed to install certain site improvements for said
development; and,
WHEREAS, the developer has completed a portion of the site improvements except:
Installation of remaining landscaping and driveway construction.
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, MINNESOTA, that it should and hereby does authorize
a $32,206.00 reduction of the Letter of Credit which was submitted to guarantee site
innprovements for Tony Eiden Company to a new financial guarantas total of $14,000.
Adopted by the City Council on December 19, 1995