HomeMy WebLinkAbout2018-164 CCRMember
Dan Ryan introduced the following resolution and moved its adoption:
RESOLUTION NO. _2018-164____
RESOLUTION ACCEPTING WORK PERFORMED AND AUTHORIZING
RELEASE OF FUNDS FOR CERTAIN FINANCIAL GUARANTEES BEING
HELD BY THE CITY
WHEREAS, the City requires, as a condition of approval for certain planning
applications, that the applicant enter into a performance agreement and submit a financial
guarantee to be held by the City to ensure site improvements are completed according to approved
plans and in a timely manner; and
WHEREAS, the perf01mance agreements detail the specific improvements that are
included, and outline the terms under which the financial guarantees may be released or reduced
by the City; and
WHEREAS, the City Council may release financial guarantees upon accepting
work performed, or reduce financial guarantees based on the amount of improvements left
incomplete; and
WHEREAS, the City has received requests from representatives of developments
within the Shingle Creek Crossing development that certain financial guarantees be released; and
WHEREAS, the City staff has inspected the properties for compliance with the
perfmmance agreements and has determined that all required site improvements have been
complete and all conditions of the performance agreements have been fulfilled.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center that it hereby approves and accepts all of the work required to be undertaken,
and agrees to release any remaining amounts of the financial guarantees, regarding the following
applications/projects:
1.Shingle Creek Crossing; Planning Application No. 2011-009;
2.Shingle Creek Crossing; Planning Applications No. 2012-019;
3.Shingle Creek Crossing; Planning Application Nos. 2013-019 and 2013-020;
4.Shingle Creek Crossing; Planning Application No. 2012-021; and
5.Shingle Creek Crossing; Planning Application No. 2013-001.
RESOLUTION NO. 2018-164 ------------
September 24, 2018 X::&�� Date Mayor
The motion for the adoption of the foregoing resolution was duly seconded by member
Kris Lawrence-Anderson
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, Marquita Butler, April Graves, Kris Lawrence-Anderson, Dan Ryan
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.