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HomeMy WebLinkAbout#09 - Northstar 1st Addn Sewer & Water STAFF REPORT DATE: April 1, 2025 CONSENT TO: City Council FROM: Mike Rusenovich, Project Engineer AGENDA ITEM: Accept Sanitary Sewer and Watermain Improvements and Approve Security Reduction for Northstar 1st Addition REVIEWED BY: Nicole Miller, City Administrator Clarissa Hadler, Finance Director Jason Stopa, Community Development Director Marty Powers, Public Works Director Nate Stanley, City Engineer CORE STRATEGIES: ☐ Vibrant, inclusive, connected community ☐ Efficient, reliable, innovative services ☐ Responsive, transparent, adaptive governance ☒ Balanced Finances now and future ☒ Managed Growth ☒ Resilient Infrastructure BACKGROUND: GWSA Land Development, LLC entered into a development agreement with the City for Northstar 1st Addition on April 22, 2024. ISSUE BEFORE COUNCIL: Should the City Council accept the public sanitary sewer and watermain and approve security reductions for Northstar 1st Addition? PROPOSAL DETAILS/ANALYSIS: Staff has received and processed a request to accept the public sanitary sewer and watermain improvements and reduce the development security for the Northstar 1st Addition. This request has been reviewed and is recommended for approval in accordance with the approved Development Agreement. The development security is recommended to be reduced as shown below: Current Security Amount Proposed Security Amount 1. Northstar 1st Addition $6,298,524 $5,002,733 The sanitary sewer and watermain improvements for the development have been constructed, tested, and verified. With the acceptance of the public sanitary sewer and watermain, the 2-year warranty period for the utility improvements will be initiated as shown on the attached Certificate of Completion. Twenty-five percent (25%) of the original 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 public sanitary sewer and watermain and approve the security reduction for Northstar 1st Addition as detailed in the attached worksheet. The security reduction is contingent on the developer being current with all payments and obligations in accordance with the Development Agreement, including a positive escrow balance as required by the City. If removed from the consent agenda, the recommended motion for the action is as follows: Motion to accept the public sanitary sewer and watermain and approve the security reduction for Northstar 1st Addition as detailed in the Security Reduction Worksheet, contingent on the developer being current with all payments and obligations in accordance with the Development Agreement, including a positive escrow balance as required by the City. ATTACHMENTS: 1. Certificate of Completion – Northstar 1st Addition 2. Security Reduction Worksheet – Northstar 1st Addition. CERTIFICATE OF COMPLETION DATE OF ISSUANCE: APRIL 1, 2025 OWNER: CITY OF LAKE ELMO, MN DEVELOPER: GWSA LAND DEVELOPMENT, LLC SUBDIVISION NAME: NORTHSTAR 1ST ADDITION PROJECT NO.: 2020.116 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 35.A – Public sanitary sewer and watermain Section 35.B – Public improvements including street construction, including concrete curb and gutter, sidewalks and 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 April 22, 2024. The above-mentioned improvement is hereby declared to be complete and acceptance of this work is recommended. DATE OF COMPLETION: April 1, 2025 Mike Rusenovich Reg. No. 58717 Bolton and Menk, Inc. Section 35.A Warranty Period Begins April 1, 2025 and ends April 1, 2027 Section 35.B Warranty Period Begins and ends NORTHSTAR 1ST ADDITION Time of Performance: October 31, 2025 DEVELOPMENT AGREEMENT AMOUNTS CATEGORY CONSTRUCTION 125%REMARKS #1 #2 #3 #4 #5 #6 Grading NA NA Included in Grading Security Sanitary Sewer $694,946 $868,683 75%$651,512 Watermain $687,230 $859,038 75%$644,279 Storm Sewer (w/pond structures)$1,287,633 $1,609,541 Streets + Sidewalks $1,195,161 $1,493,952 County Roadway Improvements $196,526 $245,658 Bituminous Trails $90,980 $113,725 Surface Water Facilities (BMPs)NA NA Street Lighting $42,000 $52,500 Street Signs and Traffic Control Signs $18,500 $23,125 Private Utilities (electricity, natural gas, telephone, and cable)NA Builder Landscaping $122,850 $153,563 Subdivision Landscaping $131,850 $164,813 Tree Preservation and Restoration NA NA Wetland Mitigation and Buffers NA NA Monuments $21,200 $26,500 105 Lots + Amenity Lot Erosion Control $107,207 $134,009 Record Drawings $10,000 $12,500 Stormwater Reuse Irrigation $432,736 $540,920 TOTALS $5,038,819 $6,298,524 RELEASED AMOUNTS:$1,295,791 $0 $0 $0 $0 $0 CUMMULATIVE AMOUNTS:$1,295,791 SECURITY AMOUNT REMAINING:$5,002,733 DATE: 4/1/2025 REDUCTIONS