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LAKE ELMO SENIOR LIVING Time of Performance: October 31, 2021DEVELOPMENT AGREEMENT AMOUNTSCATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6Grading $205,000 $256,250100%$256,250Sanitary Sewer $99,700 $124,625100%$62,313 $31,156 $31,156Watermain $115,000 $143,750100%$71,875 $35,938 $35,938Storm Sewer (w/pond structures) $134,600 $168,250100%$84,125 $42,063 $42,063Street and Trail Cut at Entrance$10,000 $12,500100%$6,250 $3,125 $3,125Bituminous Trails NA NASurface Water Facilities NA NAStreet Lighting NA NAStreet Signs and Traffic Control Signs NA NAPrivate Utilities (electricity, natural gas, telepNA NALandscaping $46,865 $58,58175%$43,936Tree Preservation and Restoration NA NAWetland Mitigation and Buffers NA NAMonuments $1,000 $1,250100%$938 $313Erosion Control $20,000 $25,000100%$18,750 $6,250Record Drawings $8,000 $10,000100%$7,500 $2,500TOTALS $640,165 $800,206RELEASED AMOUNTS:$224,563 $67,094 $256,250 $116,311 $121,344CUMMULATIVE AMOUNTS:$224,563 $291,656 $547,906 $664,217 $785,561SECURITY AMOUNT REMAINING:$575,644 $508,550 $252,300 $135,989 $14,645DATE: 1/19/2021 2/2/2021 9/7/2021 11/16/2021 4/4/2023REDUCTIONS
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