HomeMy WebLinkAbout2-Wildflower-reduction #4 -Security Reduction WkshtWILDFLOWER AT LAKE ELMO 1ST ADDITION Time of Performance: November 30, 2016
DEVELOPMENT AGREEMENT AMOUNTS
CATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6
Grading $116,000 NA Covered by Site Grading Agreement $116,000
Sanitary Sewer $386,885 $483,606 75%$241,803 $120,902
Watermain $472,052 $590,065 75%$295,033 $147,516
Streets $916,819 $1,146,024 75%$274,539 $584,978
Surface Water Facilities $509,946 $637,433 75%$318,716 $159,358
Erosion Control NA NA Covered by Site Grading Agreement
Sidewalks/Trails $220,838 $276,048
Street Lighting NA NA By Xcel Energy
Street Signs and Traffic Control Signs $9,950 $12,438
Landscaping $200,000 $250,000
Tree Preservation and Restoration $23,675 $29,594
Wetland Mitigation and Buffers NA NA LOC Through VBWD
Monuments $6,000 $7,500
Miscellaneous Facilities NA NA
Record Drawings $6,500 $8,125
TOTALS $2,752,665 $3,440,831 RELEASED AMOUNTS:$116,000 $1,130,091 $268,418 $744,337 $0 $0
CUMMULATIVE AMOUNTS:$116,000 $1,246,091 $1,514,509 $2,258,846
SECURITY AMOUNT REMAINING:$3,440,831 $2,310,740 $2,042,322 $1,297,986
DATE:10/29/2015 12/15/2015 2/16/2016
REDUCTIONS