HomeMy WebLinkAbout2002-014 Per Bon Rel 4906 and 4912 France Avenue NorthMEMORANDUM
TO: Michael J. McCauley, City Manager
FROM: Ronald A. Warren, Planning and Zoning Specialist
SUBJECT: Site Performance Guarantee Release
DATE: October 19, 2005
The following site performance guarantee being held by the City for completion of various site improvements should be recommended to the City Council for release:
Douglas Metal Specialties (4906 & 4912 France Avenue North)
Planning Commission Application No. 2002-014
Amount of Guarantee - $5,000 (Cash)
Obligor – Douglas Glenn
All site improvements for which a site performance guarantee was posted have been complete with respect to this 2002 project. An as built survey and other engineering related items
have been completed. The City Council authorized reduction of the original $15,000 cash escrow to $5,000 on May 24, 2004 pending completion of landscaping adjacent to the TH 100 right
of way. Two shade trees and five coniferous trees were to be planted in this area following completion of the MNDOT highway project. The landscaping has been installed and has proven
viable. The owner has requested a release of the financial guarantee based on completion of the project.
It is recommended that the City Council authorize release of the remaining $5,000 cash guarantee based on the completion of this project.