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#03 - Northstar Offsite Utilities Security Reduction
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#03 - Northstar Offsite Utilities Security Reduction
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<br /> STAFF REPORT <br />DATE: June 3, 2025 <br /> CONSENT <br /> <br />TO: City Council <br />FROM: Mike Rusenovich, Project Engineer <br />AGENDA ITEM: Accept Sanitary Sewer and Watermain Improvements and Approve <br />Security Reduction for Northstar 1st Offsite Utilities <br />REVIEWED BY: Nicole Miller, City Administrator <br /> Clarissa Hadler, Finance Director <br /> Jason Stopa, Community Development Director <br /> Marty Powers, Public Works Director <br /> Nate Stanley, City Engineer <br /> <br /> <br />CORE STRATEGIES: <br /> <br />☐ Vibrant, inclusive, connected community ☐ Efficient, reliable, innovative services <br />☐ Responsive, transparent, adaptive governance ☒ Balanced Finances now and future <br />☒ Managed Growth ☒ Resilient Infrastructure <br /> <br /> <br />BACKGROUND: GWSA Land Development, LLC entered into a Site Improvement Agreement with the <br />City for Northstar 1st Addition on October 6th, 2023. The Site Improvement Agreement included extension <br />of sanitary sewer and watermain along Stillwater Blvd and between Stillwater Blvd and the UPRR tracks <br />southwest of the Northstar site. <br /> <br />ISSUE BEFORE COUNCIL: Should the City Council accept the public sanitary sewer and watermain <br />and approve security reductions for the offsite utilities installed under the Northstar 1st Addition Site <br />Improvement Agreement? <br /> <br />PROPOSAL DETAILS/ANALYSIS: Staff has received and processed a request to accept the public <br />sanitary sewer and watermain improvements and reduce the development security for the Northstar 1st <br />Addition Site Improvement Agreement. This request has been reviewed and is recommended for approval <br />in accordance with the approved Site Improvement Agreement. The development security is recommended <br />to be reduced as shown below: <br /> <br /> Current Security Amount Proposed Security Amount <br />1. Northstar 1st Addition Offsite Utilities $1,078,750 $269,688 <br /> <br />The offsite sanitary sewer and watermain improvements for the development have been constructed, tested, <br />and verified. With the acceptance of the public sanitary sewer and watermain, the 2-year warranty period <br />for the offsite utility improvements will be initiated as shown on the attached Certificate of Completion. <br />Twenty-five percent (25%) of the original security amount will be retained until the warranty period has <br />expired.
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