HomeMy WebLinkAboutCity Council Resolution 2004-072CITY OF PLYMOUTH
RESOLUTION NO. 2004-072
PARTIALLY REIMBURSING DEVELOPER FOR
CONSTRUCTION OF PUBLIC IMPROVEMENTS
TIMBER CREEK CROSSING (2001114)
WHEREAS, in accordance with the development contract dated November 13, 2002, Orrin Thompson
Homes, Inc., developer of Timber Creek Crossing (2001114), has agreed to install certain improvements for
said development;
WHEREAS, as part of this development, the developer was required to constrict public improvements
including the widening of the Schmidt Lake Road, larger watermain, a trail along Schmidt Lake Road,
Garland Lane, and 51st Avenue, and a bridge embankment for the Schmidt Lake Road bridge; and
WHEREAS, the City is responsible for incremental cost of the public improvements above that which is the
responsibility of the developer under the City Assessment Policy; and
WHEREAS, The engineer for the Orrin Thompson Homes, Inc. development has certified that the work to
date complies with the approved plans and specifications; and
WHEREAS, the utilities and streets were accepted for continual maintenance at the August 12, 2003 and
December 13, 2003 City Council meetings, respectively; and
WHEREAS, final quantities are currently being worked on and it is appropriate to make a partial payment at
this time;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA: That the developer, Orrin Thompson Homes, Inc., is to be reimbursed in the
amount of $418,251 as partial payment for the constriction of the public improvements including streets,
watermain, trail constriction and a bridge embankment and in accordance with the development contract and
City Policy.
BE IT FURTHER RESOLVED that this partial payment in the amount of $418,251 be allocated according to
the following table:
Adopted by the City Council on February 10, 2004.
Payment
City Fund
Schmidt Lake Road Widening
$ 34,446
MSA Fund
Watermain
$ 19,676
Utility Trunk Fund
Trails
$ 7,312
Park Dedication Fund
Bridge Embankment
$ 356,817
MSA Fund
Adopted by the City Council on February 10, 2004.