HomeMy WebLinkAbout#5 Wildflower -Release of Grading Security AGENDA ITEM
MAYOR & COUNCIL COMMUNICATION
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DATE: November 4, 2015
CONSENT
ITEM # 5
AGENDA ITEM: Wildflower at Lake Elmo – Approve Release of Grading Security
SUBMITTED BY: Jack Griffin, City Engineer
THROUGH: Clark Schroeder, Interim City Administrator
REVIEWED BY: Cathy Bendel, Finance Director Kyle Klatt, Community Development Director Chad Isakson, Project Manager
SUGGESTED ORDER OF BUSINESS if removed from the Consent Agenda):
- Questions from Council to Staff ............................................. Mayor Facilitates
- Public Input, if Appropriate………………………………….Mayor Facilitates
- Call for Motion ............................................................... Mayor & City Council
- Discussion ....................................................................... Mayor & City Council
- Action on Motion .................................................................... Mayor Facilitates
POLICY RECOMMENDER: Community Development/Engineering/Finance.
FISCAL IMPACT: None. Release of the grading security is in accordance with the approved
Development Contract.
SUMMARY AND ACTION REQUESTED:
The City Council is respectfully requested to consider approving the release of the grading
security for the Wildflower at Lake Elmo subdivision. If removed from the consent agenda, the
recommended motion for the action is as follows:
“Move to approve the release of the grading security Letter of Credit #996 dated May 13, 2015, for the Wildflower at Lake Elmo subdivision in the amount of $116,000”.
LEGISLATIVE HISTORY/BACKGROUND INFORMATION:
In accordance with the Wildflower at Lake Elmo 1st Addition Development Contract dated August 27, 2015, the developer has provided written request for the release of the grading
City Council Meeting [Consent Agenda Item X]
November 4, 2015
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security in the full amount of $116,000. The grading work has been reviewed, including all
corrective work and punch list items, and all record grading plans have been received and
approved by the City Engineering department. Furthermore, the Finance Director has indicated
that all financial obligations to date by the developer to the City have been satisfied.
RECOMMENDATION:
Staff is recommending that the City Council approve the release of the grading security for the
Wildflower at Lake Elmo subdivision. If removed from the consent agenda, the recommended motion for the action is as follows:
“Move to approve the release of the grading security Letter of Credit #996 dated May 13, 2015,
for the Wildflower at Lake Elmo subdivision in the amount of $116,000”.
ATTACHMENT(S):
1. Engineer’s Letter Approving the Release of Grading Security for the Wildflower at Lake
1st Addition.
3800 Laverne Avenue North • Lake Elmo • Minnesota 55042
Phone: (651) 747-3900 • Fax: (651) 747-3901 • www.lakeelmo.org
October 29, 2015
Mr. Robert Engstrom
Robert Engstrom Companies
4801 West 81st Street, Suite 101
Minneapolis, MN 55437
Re: Wildflower at Lake Elmo
Release of Grading Security
Dear Mr. Engstrom:
We have reviewed your request dated October 29, 2015, for a release of the grading security for the
Wildflower at Lake Elmo subdivision. In accordance with Section 35.A. of the Wildflower at Lake Elmo
1st Addition Development Contract, the grading security amount of $116,000 may be released in full.
Should you have any questions or require additional information, please call me 651.300.4264.
Sincerely,
John (Jack) W. Griffin, P.E.
City Engineer
cc: Clark Shroeder, Interim City Administrator
Cathy Bendel, Finance Director
Kyle Klatt, Community Development Director