05/26/1992 Council Minutes (2) - Laserfiche WebLink

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46 COUNCIL MEETING MAY 26, 1992 in order to complete the basic utility improvements to the future lots along Pheasant Hills Drive. The purpose in installing these facilities in the fall of 1991 was to allow the utility trenches to settle over the winter so that Mr. Vaughn could begin the second phase of development in 1992 by simply constructing street and drainage improvements. With the utility trenches presettled, the street construction would presumably be less expensive. The City Council agreed to Mr. Vaughn's request, and on August 7, 1991 a letter feasibility report was completed identifying the scope of the improvements at an estimated cost of $27,000.00. The report indicated that the work could be added to the current contract with Rice Lake Contracting by change order in order to expedite the process and keep the bidding cost down. A hearing on the improvement was held on September 23, 1991 and on October 8, 1991, the City Council ordered the improvement by Resolution No. 101 - 91, subject to the change order and appropriate development contract amendment being executed. In the intervening time, the developer has proposed a second addition in an adjacent area. The developer is having the improvements privately installed with City Council permission. These improvements are anticipated to be installed this year. Nice (9) lots would be fully serviced by these developer - installed improvements. The developer has evaluated the market for his lots and his financial condition, and has determined that he would still like to extend the sanitary sewer which was considered last fall and approved by the City Council. This would allow for utility trench settlement over the coming winter and cost effective street construction in 1993 to service 11 future lots. The details of the development contract and financial guarantees have been worked out with the developer to address the nine lots being served by the developer in the Second Addition and the 11 future lots to be served with utilities by the City. Upon signature on the development contract, the City could sign the attached change order allowing for installation of the additional sanitary sewer in the near future per the developer's wishes and City Council approval last fall. Mr. Boxrud explained that it is best to install utilities and let them settle over the winter. There will be another advantage in that the developer will be assessed further trunk costs earlier than was planned. Council Member Neal moved to approve Change Order No. 3 in the amount of $19,270.00. Council Member Elliott seconded the PAGE 17 1 1 1