Resolution 2012-59 Whistling Valley

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&I rLy I 1KA) 20 1 _1001 ONCT-11 A RESOLUTION ACCEPTING THE DEVELOPER INSTALLED PUBLIC INFRASTRUCTURE IMPROVEMENTS WA'S Is 11OW's MM M-41131MA01 IM111,111-41JE11111 I, WHEREAS, the public infrastructure improvements the for the Whistling Valley First, Second and Third Additions have been fully completed in compliance with the Standard Form of Completion Agreement Between Surety (Travelers Casualty and Surety Company of America) and Contractor (Colbalt Contracting) dated October 31, 2011, and the standards and ordinances of the City; WHEREAS, the Standard Form of Completion Agreement between Surety and Contractor dated October 31, 2011, supersedes prior representations and agreements including the original development agreement for the improvements, but incorporates Contract Documents, and Plans and Specifications which capture the essential intended public improvement requirements for the development; WHEREAS the City Engineer, Planning Director, and Public Works Superintendent have reviewed the improvements and in correspondence dated November 14, 2012, the City Engineer has issued a Certificate of Completion subject to receipt of the 2-year warranty Bond, and has declared the public infrastructure improvements to be complete and recommends acceptance by the City; WHEREAS, the estimated aggregate costs relating to the installation of public improvements is $1,635,000; and WHEREAS, the City shall, upon acceptance of the improvements, account for those assets. NOW, THEREFORE, BE IT RESOLVED, upon satisfaction of the administrative and financial requirements noted by staff, the City Council accepts the Developer -installed public infrastructure improvements for the Whistling Valley First, Second and Third Additions; effective as of November 20, 2012. Date: 2012 CITY OF LAKE ELMO By - Brett Emmons, Mayor Pro Tern ATTEST: Adam Bell, City Clerk (Skal) Resolution No. 2012-59