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Home My WebLink About#07 Improvements and Security Reduction for the Savona 1st, 2nd and 3rd Additions STAFF REPORT DATE: September 3, 2019 CONSENT AGENDA ITEM: Accept Improvements and Approve Security Reduction for the Savona 1st, 2nd and 3rd Additions. 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 improvements and approve security reductions for the Savona 1st, 2nd and 3rd Additions? PROPOSAL DETAILS/ANALYSIS: Staff has received and processed requests to accept the improvements and to reduce the development security for the Savona 1st, 2nd and 3rd Additions. This request has been reviewed and the following reduction is being recommended: Current Security Amount Proposed Security Amount 1. Savona 1st Addition $ 666,495 $ 547,612 2. Savona 2nd Addition $ 970,756 $ 549,773 3. Savona 3rd Addition $ 1,003,159 $ 898,985 The Savona 1st, 2nd and 3rd Addition street, sidewalk, trail and storm sewer improvements, and storm water ponding and infiltration basins have been completed and are recommended for acceptance by the City. The Certificates of Completion are attached. The warranty period for the improvements, except utilities, will start on September 3, 2019 with the acceptance of the improvements, and the 1-year warranty will end on September 3, 2020. Twenty-five percent (25%) of the original security amounts for these categories will be retained until the warranty period has expired. All other security amounts (except landscaping) are being recommended for release. In addition, the 2-year warranty period for the Savona 1st and 2nd Additions has expired and the developer has made all warranty corrections that were identified by City staff. Therefore, the twenty-five percent (25%) warranty security for these utilities are recommended for release. 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 improvements and approve the security reductions for the Savona 1st, 2nd and 3rd Additions as detailed in the respective worksheets. If removed from the consent agenda, the recommended motion for the action is as follows: “Move to accept the improvements and approve security reduction for the Savona 1st, 2nd and 3rd Additions as detailed in the attached Security Reduction Worksheets”. ATTACHMENTS: 1. Certificate of Completion – Savona 1st Addition. 2. Certificate of Completion – Savona 2nd Addition. 3. Certificate of Completion – Savona 3rd Addition. 4. Security Reduction Worksheet – Savona 1st Addition. 5. Security Reduction Worksheet – Savona 2nd Addition. 6. Security Reduction Worksheet – Savona 3rd Addition. CERTIFICATE OF COMPLETION DATE OF ISSUANCE: September 3, 2019 OWNER: CITY OF LAKE ELMO, MN DEVELOPER: U.S. HOME CORPORATION, D/B/A LENNAR SUBDIVISION NAME: SAVONA 1ST ADDITION PROJECT NO.: 2012.130 This Certification of Completion applies to all work under the Development Agreement This Certification of Completion applies to the following specified parts of the Development Agreement Section 33.A – Public sewer and watermain Section 33.B – Public improvements including street construction, concrete curb and gutter, storm sewer facilities, sidewalks, trails, materials and equipment. I do hereby certify that the work to which this Certificate applies has been constructed in accordance with the Development Agreement dated July 1, 2014. The above-mentioned improvement is hereby declared to be complete and acceptance of this work is recommended. DATE OF COMPLETION: September 3, 2019 Ryan Stempski Reg. No. 45395 FOCUS Engineering, inc. Section 33.A Warranty Period Begins December 20, 2016 and ends December 20, 2018 Section 33.B Warranty Period Begins September 3, 2019 and ends September 3, 2020 CERTIFICATE OF COMPLETION DATE OF ISSUANCE: September 3, 2019 OWNER: CITY OF LAKE ELMO, MN DEVELOPER: U.S. HOME CORPORATION, D/B/A LENNAR SUBDIVISION NAME: SAVONA 2ND ADDITION PROJECT NO.: 2014.138 This Certification of Completion applies to all work under the Development Agreement This Certification of Completion applies to the following specified parts of the Development Agreement Section 33.A – Public sewer and watermain Section 33.B – Public improvements including street construction, concrete curb and gutter, storm sewer facilities, sidewalks, trails, materials and equipment. I do hereby certify that the work to which this Certificate applies has been constructed in accordance with the Development Agreement dated October 22, 2014. The above-mentioned improvement is hereby declared to be complete and acceptance of this work is recommended. DATE OF COMPLETION: September 3, 2019 Ryan Stempski Reg. No. 45395 FOCUS Engineering, inc. Section 33.A Warranty Period Begins December 20, 2016 and ends December 20, 2018 Section 33.B Warranty Period Begins September 3, 2019 and ends September 3, 2020 CERTIFICATE OF COMPLETION DATE OF ISSUANCE: September 3, 2019 OWNER: CITY OF LAKE ELMO, MN DEVELOPER: U.S. HOME CORPORATION, D/B/A LENNAR SUBDIVISION NAME: SAVONA 3RD ADDITION PROJECT NO.: 2015.124 This Certification of Completion applies to all work under the Development Agreement This Certification of Completion applies to the following specified parts of the Development Agreement Section 34.A – Public sewer and watermain Section 34.B – Public improvements including street construction, concrete curb and gutter, storm sewer facilities, sidewalks, trails, materials and equipment. I do hereby certify that the work to which this Certificate applies has been constructed in accordance with the Development Agreement dated October 22, 2015. The above-mentioned improvement is hereby declared to be complete and acceptance of this work is recommended. DATE OF COMPLETION: September 3, 2019 Ryan Stempski Reg. No. 45395 FOCUS Engineering, inc. Section 34.A Warranty Period Begins January 16, 2018 and ends January 16, 2020 Section 34.B Warranty Period Begins September 3, 2019 and ends September 3, 2020 SAVONA 1ST ADDITION Time of Performance: October 31, 2015 DEVELOPMENT AGREEMENT AMOUNTS CATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6 Grading $650,000 $812,500 100%$812,500 Sanitary Sewer $138,099 $172,624 100%$86,312 $43,156 $43,156 Watermain $155,927 $194,909 100%$97,454 $48,727 $48,727 Streets $763,387 $954,234 75%$477,117 $238,558 Surface Water Facilities $493,703 $617,129 75%$308,564 $154,282 Erosion Control $52,533 $65,666 75%$32,833 $16,417 Sidewalks/Trails $119,642 $149,553 75%$112,164 Street Lighting NA NA By Xcel Energy Street Signs and Traffic Control Signs $11,600 $14,500 75%$7,250 $3,625 Landscaping $97,236 $121,545 75% Tree Preservation and Restoration NA NA Wetland Mitigation and Buffers NA NA LOC Through VBWD Monuments $6,450 $8,063 75%$6,047 Miscellaneous Facilities NA NA Record Drawings $2,500 $3,125 75%$2,344 TOTALS $2,491,077 $3,113,846 RELEASED AMOUNTS:$969,448 $1,295,189 $182,714 $91,883 $575,337 CUMMULATIVE AMOUNTS:$969,448 $2,264,637 $2,447,351 $2,539,234 SECURITY AMOUNT REMAINING:$2,144,399 $849,210 $666,495 $574,612 DATE: 3/2/2016 12/20/2016 2/5/2019 9/3/2019 REDUCTIONS SAVONA 2ND ADDITION Time of Performance: October 31, 2015 DEVELOPMENT AGREEMENT AMOUNTS CATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6 Grading NA NA NA Sanitary Sewer $314,594 $393,243 100%$196,621 $98,311 $98,311 Watermain $485,172 $606,464 100%$303,232 $151,616 $151,616 Streets $614,836 $768,545 75%$384,272 $192,136 Surface Water Facilities $471,332 $589,165 75%$294,583 $147,291 Erosion Control $51,146 $63,933 75%$31,966 $15,983 Sidewalks/Trails Included in Streets Included in Streets Street Lighting NA NA By Xcel Energy Street Signs and Traffic Control Signs Included in Streets Included in Streets Landscaping $153,415 $191,769 75% Tree Preservation and Restoration NA NA Wetland Mitigation and Buffers NA NA LOC Through VBWD Monuments $5,800 $7,250 75%$5,438 Miscellaneous Facilities NA NA Record Drawings $2,500 $3,125 75%$2,344 TOTALS $2,098,795 $2,623,494 RELEASED AMOUNTS:$1,178,709 $474,029 $420,982 $655,873 CUMMULATIVE AMOUNTS:$1,178,709 $1,652,738 $2,073,720 SECURITY AMOUNT REMAINING:$1,444,785 $970,756 $549,773 DATE: 3/2/2016 12/20/2016 9/3/2019 REDUCTIONS SAVONA 3RD ADDITION Time of Performance: October 31, 2016 DEVELOPMENT AGREEMENT AMOUNTS CATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6 Grading (Separate Grading Agreement) $127,000 $127,000 Sanitary Sewer $345,301 $431,626 75%$215,813 $107,907 Watermain $503,113 $628,891 75%$314,446 $157,223 Streets $1,168,007 $1,460,009 75%$730,004 $365,002 Surface Water Facilities $333,140 $416,425 50%$208,213 $104,106 Erosion Control $133,732 $167,165 75%$125,374 Sidewalks/Trails Included in Streets Included in Streets Street Lighting NA NA By Xcel Energy Street Signs and Traffic Control Signs Included in Streets Included in Streets Landscaping $95,218 $119,023 0% Tree Preservation and Restoration NA NA Wetland Mitigation and Buffers NA NA LOC Through VBWD Monuments $6,000 $7,500 75%$5,625 Miscellaneous Facilities NA NA Record Drawings $6,500 $8,125 75%$6,094 TOTALS $2,591,011 $3,365,764 RELEASED AMOUNTS:$1,468,476 $392,129 $502,095 $104,106 $809,691 CUMMULATIVE AMOUNTS:$1,468,476 $1,860,605 $2,362,700 $2,466,806 SECURITY AMOUNT REMAINING:$1,897,288 $1,505,159 $1,003,064 $898,958 DATE: 12/20/2016 1/16/2018 2/5/2019 9/3/2019 REDUCTIONS