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SPRINGS AT LAKE ELMO Time of Performance: October 31, 2020DEVELOPMENT AGREEMENT AMOUNTSCATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6Grading $949,300 $1,186,625100%$1,186,625Sanitary Sewer $57,086 $71,358100%$71,358Watermain $329,801 $412,251100%$412,251Storm Sewer (w/pond structures) $254,704 $318,38075%$238,785Streets + Sidewalks $645,780 $807,22575%$605,419Bituminous Trails NA NASurface Water Facilities NA NAStreet Lighting $26,000 $32,50075%$24,375Street Signs and Traffic Control Signs $6,645 $8,30675%$6,230Landscaping $160,950 $201,188Tree Preservation and RestorationWetland Mitigation and Buffers $5,000 $6,25075%$4,688Monuments $1,500 $1,87575%$1,406Erosion Control $112,681 $140,85175%$105,638PUD Amenity Improvements $57,000 $71,250Record Drawings $5,000 $6,25075%$4,688TOTALS $2,611,447 $3,264,309RELEASED AMOUNTS:$2,661,462 $0 $0 $0 $0 $0CUMMULATIVE AMOUNTS:$2,661,462SECURITY AMOUNT REMAINING:$602,847DATE:11/19/2024REDUCTIONSIncluded in Landscaping
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