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HomeMy WebLinkAboutCity Council Resolution 1996-443CITY OF PLYMOUTH RESOLUTION 96 - 443 REDUCING SITE IMPROVEMENT PERFORMANCE GUARANTEE LAUKKA WILLIAM5/PARKERS LAKE N. 107H ADD.(93067E&F) LOTS S, 6, AND 79 BLOCK 1 WHEREAS, in accordance with the Final Plan/Plat and Development Contract resolution 93-445A & 93-445B approved on August 02, 1993, for Laukka WiWams, developer of Parkers Lake 9th Addition (93067), 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, MEREFORE, BE IT DEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should and hereby does authorize a $54,791.75 reduction of the C.D.'s which were submitted to guarantee site improvements for Parkers Lake 10th Addition Lots 5, 6 and 7, Block 1, to a new financial guarantee total of $9,106.25 Adopted by the City Council on August 21, 1996