HomeMy WebLinkAboutCity Council Resolution 2016-240
C ITY OF P LYMOUTH
R ESOLUTION N O. 2016-240
R ESOLUTION A CCEPTING S TREETS FOR C ONTINUAL M AINTENANCE
FOR C EDAR H OLLOW (2013069)
WHEREAS, in accordance with the development contract dated September 18, 2013, K.
Hovnanian Homes of Minnesota at Cedar Hollow, LLC, developer of Cedar Hollow (2013069), 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
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 below and that the
required financial guarantee and Letter of Credit No. 63669130 for the items be reduced from $571,958
to $322,404:
ORIGINAL CURRENT NEW
ITEM AMOUNT AMOUNT AMOUNT
Street Construction $381,078 $ 228,700 $ 95,270
Sanitary Sewer 188,610 47,150 47,150
Watermain 192,665 48,170 48,170
Storm Sewer System 164,427 41,100 41,100
Boulevard and Drainage Swale Sod/Seed 13,600 13,600 6,800
Retaining Walls 9,100 -0- -0-
Pond Construction 20,000 10,000 10,000
Street & Traffic Control Signs 1,400 -0- -0-
Sidewalk Improvements 55,150 33,090 13,788
Trail Improvements 25,600 15,360 6,400
Erosion Control 25,890 17,140 6,500
Site Grading and Drainage Improvements 155,643 77,822 23,345
Setting Iron Monuments 11,400 -0- -0-
SUB-TOTAL $1,244,563 $532,132 $298,523
Design, Admin., Insp., As-Builts (8%) 99,565 39,826 23,881
Total: $1,344,128 $571,958 $322,404
BE IT FURTHER RESOLVED that the streets are accepted for continuous maintenance as of August
9, 2016, subject to the one-year guarantee by the Developer per Letter of Credit No. 63669130.
APPROVED by the City Council on this 9th day of August, 2016.
C ITY OF P LYMOUTH
R ESOLUTION N O. 2016-
R ESOLUTION A CCEPTING S TREETS FOR C ONTINUAL M AINTENANCE
FOR C OPPER C REEK (2013111)
WHEREAS, in accordance with the development contract dated September 8, 2014, US Homes
Corp., DBA Lennar, developer of Copper Creek Addition (2013111), 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
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 below and that the
required financial guarantee and Letter of Credit No. 69601615 for the items be reduced from $249,983
to $171,522:
Original Current
Item Amount Amount New Amount
Street Construction $179,651 $89,826 $44,900
Sanitary Sewer 114,789 28,697 28,697
Watermain 124,361 31,090 31,090
Storm Sewer System 65,833 16,458 16,458
Boulevard Sod and Silt fence 6,336 6,336 1,900
Pond Construction 40,000 20,000 20,000
Street & Traffic Control Signs 1,900 0 0
Sidewalk Improvements 18,204 18,204 4,500
Trail Improvements 22,450 22,450 5,600
Street Lighting 9,375 0 0
Setting Iron Monuments 8,000 0 0
Removal of Temp. Turn-arounds 5,000 5,000 0
Design, Administration, Inspection, As-Builts
(12%) $47,672 11,922 18,377
Total $643,571 $249,983 $171,522
BE IT FURTHER RESOLVED that the streets are accepted for continuous maintenance as of August
9, 2016, subject to the one-year guarantee by the Developer per Letter of Credit No. 69601615.
APPROVED by the City Council on this 9th day of August, 2016.
C ITY OF P LYMOUTH
R ESOLUTION N O. 2016-
R ESOLUTION A CCEPTING S TREETS AND U TILITIES FOR C ONTINUAL M AINTENANCE
FOR R OSE G ARDEN (2014007)
WHEREAS, in accordance with the development contract dated September 18, 2014, SVK
Development LLC, developer of Rose Garden (2014007), 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
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 below and that the
required financial guarantee in the form of cash for the items be reduced from $298,140 to $148,230:
ORIGINAL CURRENT NEW
ITEM AMOUNT AMOUNT AMOUNT
Street Construction $158,500 $ 95,100 $ 39,625
Sanitary Sewer 25,000 12,500 6,250
Watermain 163,000 81,500 40,750
Storm Sewer System 92,800 46,400 23,200
Boulevard and Drainage Swale 4,000 4,000 0
Sod/Seed
Retaining Walls 64,000 0 0
Bioretention Area 10,000 5,000 5,000
Street & Traffic Control Signs 2,000 1,000 0
Trail Improvements 8,500 5,100 2,125
Landscaping 20,300 20,300 20,300
Street Lights 7,500 0 0
Setting Iron Monuments 6,900 0 0
Removal of Temporary Turn-arounds 5,000 0 0
Design, Administration, Inspection, As-45,400 27,240 10,980
Builts(8%)
Total: $612,900 $298,140 $148,230
BE IT FURTHER RESOLVED that the streets are accepted for continuous maintenance as of August
9, 2016, subject to the one-year guarantee by the Developer in the form of cash.
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APPROVED by the City Council on this 9 day of August, 2016.