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HomeMy WebLinkAboutCity Council Resolution 1995-766CITY OF PLYMOUTH RESOLUTION 9S - 766 REDUCING SITE IMPROVEAI ENT PERFORMANCE GUARANTEE ROTTLUND HOMES/PINTAIL VILLAS.M055) WHEREAS, in accordance with the MPUD Final Plan/Plat and Development Contract resolution 94-2750 tit 94-276 approved on May 169 1994, for Rottlund Homes, developer of Pintail Villas (93055), has agreed to install certain site improvements for said development; and WHEREAS, the developer has completed a majority of the site improvements except: Installation of remaining landscaping and 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 IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should and hereby does authorize a $67,770.50 reduction of the Bond which was submitted to guarantee site improvements for Rottlund Homes to a new financial guarantee total of $33,404.50 Adopted by the City Council on December 19, 1995