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SAVONA 1ST ADDITION Time of Performance: October 31, 2015DEVELOPMENT AGREEMENT AMOUNTSCATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6Grading $650,000 $812,500100%$812,500Sanitary Sewer $138,099 $172,624100%$86,312 $43,156 $43,156Watermain $155,927 $194,909100%$97,454 $48,727 $48,727Streets $763,387 $954,23475%$477,117 $238,558Surface Water Facilities $493,703 $617,12975%$308,564 $154,282Erosion Control $52,533 $65,66675%$32,833 $16,417Sidewalks/Trails $119,642 $149,55375%$112,164Street Lighting NA NABy Xcel EnergyStreet Signs and Traffic Control Signs $11,600 $14,50075%$7,250 $3,625Landscaping $97,236 $121,545100%$91,159 $30,386Tree Preservation and Restoration NA NAWetland Mitigation and Buffers NA NALOC Through VBWDMonuments $6,450 $8,06375%$6,047Miscellaneous Facilities NA NARecord Drawings $2,500 $3,12575%$2,344TOTALS $2,491,077 $3,113,846RELEASED AMOUNTS:$969,448 $1,295,189 $182,714 $91,883 $91,159 $30,386CUMMULATIVE AMOUNTS:$969,448 $2,264,637 $2,447,351 $2,539,234 $2,630,393 $2,660,779SECURITY AMOUNT REMAINING:$2,144,399 $849,210 $666,495 $574,612 $483,453 $453,067DATE: 3/2/2016 12/20/2016 2/5/2019 9/3/201912/3/2019 5/2/2023REDUCTIONS
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