HomeMy WebLinkAbout2019-175 CCRMember Graves introduced the following resolution and
moved its adoption:
RESOLUTION NO. 2019-175
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 performance 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 a request from representatives of the Discount
Tire development, which was originally approved as part of Planning Commission Application No.
2013-017, that certain financial guarantees be released; and
WHEREAS, the City staff has inspected the property for compliance with the
performance agreement and has determined that all required site improvements have been complete
and all conditions of the performance agreement has 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 and all remaining amounts of the financial guarantee, regarding the project
associated with Discount Tire; Planning Commission Application No. 2013-017.
RESOLUTION NO. 2019-175
December 9 2019
Date
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ATTEST: r J , , }
City Cleric
The motion for the adoption of the foregoing resolution was duly seconded by member Ryan
and upon vote being taken thereon, the following voted in favor thereof: Lawrence -Anderson, Butler,
Graves, Ryan, and Elliott
and the following voted against the same: None
whereupon said resolution was declared duly passed and adopted.