Loading...
HomeMy WebLinkAbout2019-102 CCRMember Ryan and moved its adoption: introduced the following resolution RESOLUTION NO. 2019-102 RESOLUTION ACCEPTING WORK PERFORMED AND AUTHORIZING RELEASE OF FUNDS FOR A CERTAIN FINANCIAL GUARANTEE BEING HELD BY THE CITY (PRESBYTERIAN HOMES AND SERVICES) 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 performance agreement details the specific improvements that are included, and outline the terms under which the financial guarantee may be released or reduced by the City; and WHEREAS, the City Council may release financial guarantees upon accepting work performed, or reduce a financial guarantee based on the amount of improvements left incomplete; and WHEREAS, the City has received a request from representatives of Presbyterian Homes and Services for the full release of a certain financial guarantee relating to the Maranatha Phase II project, which was approved under Planning Commission Application No. 2016-003 and resulted in the construction of a 34 -unit senior independent living apartment facility on the Maranatha Senior Living Community campus, located at 5401 69th Avenue North; and WHEREAS, City staff has inspected the property for compliance with the performance agreement and has determined that all required site improvements have been completed and all conditions of the performance agreement have been fulfilled. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that it hereby approves and accepts all of the work required to be undertaken, and agrees to release any remaining amounts of financial guarantee as it relates to the Maranatha Phase II project, approved under Planning Commission Application No. 2016-003. July_ 22, 2019 Date ATTEST: City Clerk Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Graves and upon vote being taken thereon, the following voted in favor thereof: Butler, Elliott, Graves, Lawrence -Anderson, and Ryan and the following voted against the same: None whereupon said resolution was declared duly passed and adopted.