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HomeMy WebLinkAboutCity Council Resolution 2003-173CITY OF PLYMOUTH RESOLUTION 2003-173 REIMBURSING DEVELOPER FOR REQUIRED STREET AND STORM SEWER CONSTRUCTION CORNERSTONE COMMONS 3RD ADDITION (99050) WHEREAS, the City of Plymouth and Elim Care Foundation and The Rottlund Company, Inc. have entered into a development contract dated July 21, 1999 for the plat, Cornerstone Commons 3rd Addition; and WHEREAS, as part of this development, the developers were required to construct public improvements including 40th Avenue construction (including street and storm sewer system) in Cornerstone Commons 3rd Addition; and WHEREAS, the City is responsible for the incremental cost of public improvements above that which is the responsibility of the developer under the City Assessment Policy; and WHEREAS, the City requested that the developers construct an additional storm sewer line within the Cornerstone Commons 3rd Addition in conjunction with the County Road 101 Improvement Project, 50 percent of which will be reimbursed to the City by Hennepin County per the City/County Agreement; and WHEREAS, the City agreed to reimburse the developers for the construction costs for this additional storm sewer construction; and WHEREAS, the developers' engineer has certified that the work has been completed and complies with the approved plans and specifications; and WHEREAS, the total reimbursement cost amounts to $83,024.39 of which $77,177.33 was for construction costs and $5,847.06 was for engineering costs. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: That the developers, Elim Care Foundation and the Rottlund Company, Inc., are to be reimbursed in the amount of $83,024.39 for construction of 40th Avenue construction (including street and storm sewer system) and additional storm sewer system in accordance with the development contract and City policy. BE IT FURTHER RESOLVED that the $83,024.39 be allocated from the City's MSA Fund. Adopted by the City Council on April 8, 2003.