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HomeMy WebLinkAbout#11 - Royal Golf Security Reduction STAFF REPORT DATE: November 5, 2019 CONSENT AGENDA ITEM: Accept Landscape Improvements and Approve Security Reduction for the Royal Golf 2nd Addition. SUBMITTED BY: Jack Griffin, City Engineer REVIEWED BY: Kristina Handt, City Administrator Ken Roberts, Planning Director Marty Powers, Public Works Director Chad Isakson, Assistant City Engineer ISSUE BEFORE COUNCIL: Should the City Council accept the landscaping improvements and approve a security reduction for the Royal Golf 2nd Addition? PROPOSAL DETAILS/ANALYSIS: Staff has received and processed requests to accept the landscaping improvements and to reduce the development security for the Royal Golf 2nd Addition. This request has been reviewed and the following reduction is being recommended: Current Security Amount Proposed Security Amount 1. Royal Golf 2nd Addition $1,666,830 $1,362,611 The Royal Golf 2nd Addition landscaping improvements have been completed and are recommended for acceptance by the City (See attached Site Inspection Report). The 2-year landscaping warranty will start on November 5, 2019 with the acceptance of the improvements and the will end on November 4, 2021. Twenty-five percent (25%) of the original landscaping security amount will be retained until the warranty period has expired. FISCAL IMPACT: It is the City’s goal to retain at all times during the subdivision improvements a security amount that is adequate to ensure completion of all elements of the improvements as protection to the City tax payers against the potential of developer default. RECOMMENDATION: Staff is recommending that the City Council, as part of the Consent Agenda, accept the landscaping improvements and approve the security reduction for the Royal Golf 2nd Addition as detailed in the attached worksheet. If removed from the consent agenda, the recommended motion for the action is as follows: “Move to accept the landscaping improvements and approve security reduction for the Royal Golf 2nd Addition as detailed in the attached Security Reduction Worksheet”. ATTACHMENTS: 1. Site Inspection Report dated October 18, 2019. 2. Security Reduction Worksheet – Royal Golf 2nd Addition. Wenck | Colorado | Georgia | Minnesota | North Dakota | Wyoming Toll Free 800-472-2232 Web wenck.com To: Ken Roberts, City of Lake Elmo Planning Director From: Lucius Jonett, Wenck Landscape Architect Date: October 18,2019 Subject: Royal Golf 2nd Addition Landscape Warranty Initial Site Re-Inspection Completed on October 15, 2019 Attendees  Lucius Jonett, Lake Elmo Municipal Landscape Architect  Jim Felton, Royal Development President Landscape Inspection Summary: • We met onsite to drive through and review the landscape punch list times of the 2nd Addition of Royal Golf for the initial inspection completed September 24, 2019. Findings: 1. The 1 tree that we found will continue to be watched as it seems to be struggling to adjust in its environment and may need to be replaced in 2020. The attached figure shows the tree location. 2. The lift station and outlot areas needing further establishment have had additional work completed since our inspection September 24, 2019. The lift station pavement had addition topsoil brought to site and then, along with the other bare areas identified, was re-seeded, and hydro-mulched or blanketed. The attached photos show this work being completed and how the site was found on October 15. Recommendation: It is recommended that the initial acceptance and the start of the 2-year landscape warranty period for the 2nd addition of Royal Golf begins. Sincerely, Lucius Jonett, PLA (MN) Wenck Associates, Inc. City of Lake Elmo Municipal Landscape Architect ROYAL GOLF CLUB 2ND ADDITION October 31, 2018 DEVELOPMENT AGREEMENT AMOUNTS CATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6 Grading NA NA Included in Overall Grading Agreement Sanitary Sewer $216,439 $270,549 $202,911 Watermain $514,590 $643,238 $482,428 Storm Sewer $409,749 $512,186 $256,093 Streets and Sidewalks $998,255 $1,247,818 $623,909 Trails $72,670 $90,838 Surface Water Facilities NA NA included in Grading Agreement Street Lighting $30,000 $37,500 By Xcel Energy Street Signs and Traffic Control Signs $4,235 $5,294 Landscaping $324,500 $405,625 $304,219 2‐YR Warranty started 11/05/2019 Tree Preservation and Restoration NA NA included in Grading Agreement Wetland Mitigation and Buffers NA NA included in Grading Agreement Monuments $7,300 $9,125 Erosion Control NA NA included in Grading Agreement Turn Lanes NA NA By County Record Drawings $8,000 $10,000 TOTALS $2,585,737 $3,232,172 RELEASED AMOUNTS:$685,340 $880,002 $304,219 $0 $0 $0 CUMMULATIVE AMOUNTS:$685,340 $1,565,342 $1,869,561 SECURITY AMOUNT REMAINING:$2,546,832 $1,666,830 $1,362,611 DATE: 1/15/2019 7/2/2019 11/5/2019 Time of Performance:  REDUCTIONS