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HomeMy WebLinkAboutCity Council Resolution 1996-525• CITY OF PLYMOUTH RESOLUTION % - 525 REDUCING SITE IMPROVEMENT PERFORMANCE GUARANTEE WELSH COMPANIES, INCJAUTO SOUND ENTRONIX (95111) WHEREAS, in accordance with the Site Plan Amendment that was approved by Administrative approval letter dated October 25, 1995, for Welsh Companies, Inc., the developer of Auto Sound Entronix improvements (95111), who has agreed to install certain site improvements for said development; and, WHEREAS, the developer has completed all of the site improvements except: Winter Survivability or landscaping, and As -Built utility plan submitted 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, MINNESOTA, that it should and hereby does authorize a $16,102.50 reduction of the Bond which was se: up to guarantee site improvements for Auto Sound Entronix to a new financial guarantee total of $75.00 Adopted by the City Council on October 02, 1996 s