HomeMy WebLinkAboutCity Council Resolution 2011-329CITY OF PLYMOUTH
RESOLUTION No. 2011-329
A RESOLUTION ACCEPTING STREETS AND UTILITIES FOR
CONTINUAL MAINTENANCE
FOR ELM CREEK HIGHLANDS (2009046)
WHEREAS, in accordance with the development contract dated October 13, 2009, Pulte
Homes of Minnesota, LLC, developer of Elm Creels Highlands (2009046), has agreed to install
certain improvements for said development; and
WHEREAS, the developer has completed a portion of the street, utility and site grading
as noted below; and
WHEREAS, the developer has requested a reduction of the required financial guarantee
to reflect the completed work; and
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF
THE CITY OF PLYMOUTH, MINNESOTA; that the financial guarantee requirements are
reduced as follows:
ITEM
Street Construction
Sanitary Sewer
Watermain
Storm Sewer System
Boulevard and Drainage Swale
Sod/Seed
Pond Constriction
Street & Traffic Control Signs
Sidewalk Improvements
Trail Improvements
Landscaping
Street Lighting
Site Grading and Drainage
Improvements
Setting Iron Monuments
SUB -TOTAL
Design, Administration, Inspection,
As-Builts (12%)
Total:
ORIGINAL
CURRENT
NEW
AMOUNT
AMOUNT
AMOUNT
$93,411
$ 46,000
$ 23,353
161,431
40,358
40,358
50,433
12,608
12,608
39,920
9,980
9,980
33 250
-0-
-0-
48,000
10,000
10,000
5,500
-0-
-0-
9,960
2,500
2,500
23,725
6,000
5,931
42,000
10,500
-0-
15,000
-0-
-0-
136,100
27,000
-0-
5,000
5,000
-0-
$663,730
$169,946
$104,730
79,648
20,993
12,567
$743,378
$190,939
$117,297
Resolution No. 2011-329
Page 2 of 2
That the required financial guarantee and Letter of Credit No. F854150 for the above items be
reduced from $190,939 to $117,297.
FURTHER BE IT RESOLVED that the financial guarantee requirements for the
following items per Section 8.1 of the approved Development Contract remain as follows:
ITEM
Maintenance of Erosion and Sediment
Control Plan, Street Sweeping, and
Storm
Sewer Cleaning
ORIGINAL CURRENT
AMOUNT AMOUNT
Cash: $ 1,000 $ 1,000
LOC F854149: $ 12,350 $ 12,350
Wetland Mitigation LOC F854148 $ 35,000 $ 35,000
Tree Preservation LOC F854147 $ 10,075 -0-
FURTHER BE IT RESOLVED that the utilities are accepted for continuous maintenance
as of September 27, 2011, subject to the two-year guarantee by the Developer per Letter of
Credit No. F854150.
FURTHER BE IT RESOLVED that the streets are accepted for continuous maintenance
as of September 27, 2011, subject to the one-year guarantee by the Developer per Letter of Credit
No. F854150.
Approved this 27th day of September, 2011.