04/08/1996 Council Packet - Laserfiche WebLink

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COUNCIL MEETING MARCH 11, 1996 Friday and he has not had a chance to review the document with Ms. Wyland. Mr. Hawkins said that a letter of credit supporting the proposed assessments has not been received. He said he did not want the City to enter into a construction contract before the developer provided guarantees to support the assessments. Since award of the bid must occur within 60 days of the bid opening, Mr. Ahrens said that he would ask the low bidder to approve delaying award of the bid beyond the 60 day period. Council Member Kuether asked why only sewer is being extended to the properties south of Aqua Lane. Mr. Ahrens explained that municipal water will be stubbed for future extension. Although it is most cost effective to extend both sewer and water at the same time, the residents have only petitioned for sewer service. Council Member Kuether moved to table Resolution No. 96 - 02 and ask C. W. Houle for an extension of time for awarding the bid. Council Member Lyden seconded the motion. Motion carried unanimously. Consideration of Resolution No. 96 - 26 Accepting Bids and Awarding Contract for the Fourth Avenue Trunk Utility Improvements - Mr. Ahrens explained that bids for this project were opened and read aloud on Wednesday, February 21, 1996 and S. R. Weidema, Inc. was the lowest responsible bidder. He explained that he did not know if the development contract had been executed and if financial guarantees had been received. Therefore, he a recommended that this matter be tabled until these concerns have been addressed. Council Member Kuether moved to table Resolution No. 96 - 26 until the March 25, 1996 Council meeting. Council Member Neal seconded the motion. Motion carried unanimously. Consideration of Resolution No. 96 - 28 Approving Final Payment for Country Lakes Estates, Plat 1- Mr. Ahrens explained that construction activity on this project has been completed. The final payment by the City will initiate the contractor's one-year warranty period. Final payment will not be released to the contractor until he has completed his final submittals as per contract requirements. The warranty protects the City if there is any defective work on the project. Council Member Bergeson asked if the final payment includes the street and if it does, does the street have the final wear course on it. Mr. Ahrens said it does include the street and the final wear course has not been installed. He noted that the final wear course is not normally installed until at least 80% of the lots have had new homes constructed on them. Mr. Ahrens explained that since there is a phase II, it would make sense to install the wear course after at least 80% of the entire project has been completed. He also explained that the developer has been assessed for the wear course so the funds are available to do the wear course work. PAGE 8