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HomeMy WebLinkAbout3-Security Reduction WkshtVILLAGE PRESERVE 1ST ADDITION Time of Performance: October 31, 2016DEVELOPMENT AGREEMENT AMOUNTSCATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6Grading $79,860 NAShared Wildflower Improvements $255,801 $319,751.25Grading $456,502 $570,627.500%Sanitary Sewer $227,849 $284,811.2575%$213,608Watermain $224,251 $280,313.7575%$210,235Streets (includes sidewalks/trails) $727,995 $909,993.7518%$163,799Surface Water Facilities $225,248 $281,560.0050%$140,780Erosion Control $27,970 $34,962.50Sidewalks/Trails NA NAIncluded in StreetsStreet Lighting NA NABy Xcel EnergyStreet Signs and Traffic Control Signs $3,600 $4,500.00Landscaping $105,453 $131,816.25Tree Preservation and Restoration NA NAincluded in Erosion ControlWetland Mitigation and Buffers NA NALOC Through VBWDMonuments $4,600 $5,750.00Miscellaneous Facilities NA NANoneRecord Drawings $2,500 $3,125.00TOTALS $2,005,968 $2,507,460.00RELEASED AMOUNTS:$728,423 $0 $0 $0 $0 $0CUMMULATIVE AMOUNTS:$728,423SECURITY AMOUNT REMAINING:$1,858,897DATE:3/15/2016REDUCTIONSSite Grading Agrmt: Assumed ReplacedNever Received: Provided by Wildflower