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HomeMy WebLinkAbout09-007 Wilds Ridge North Improvements,!~ P~Ip ti ~ ~ ~ ~ ~ 4646 Dakota Street S.E. ~j ~' ~~ x J Prior Lake, MN 55372-1714 ` _ ,~ RESOLUTION 09-007 `~INNESO`~Q'~ NG THE DEVELOPER INSTALLED IMPROVEMENTS FOR WILDS RIDGE NORTH, CITY PROJECT #05-170 Motion By: Millar Second By: LeMair WHEREAS, On November 7, 2005, the City Council adopted resolution 05-181 which authorized the City to enter into a Development Contract with Shamrock Development for the plat known as Wilds Ridge North; and WHEREAS, On June 5, 2006, the City and developer signed Amendment #1 to the Wilds Ridge North Development Contract; and WHEREAS, This Development Contract and Amendment outlined the improvements the developer was responsible for installing; and WHEREAS, These improvements and all other Development Contract responsibilities are now complete to the satisfaction of the City ;and WHEREAS, The City has received the as-built drawings and property iron certification letter; and WHEREAS, The City Engineer has reviewed the improvements and has written the acceptance letter for this development; and WHEREAS, The City Engineer has determined that according to the Development Contract, the escrow for lift station design in this development utilized the entire escrow amount. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City Council hereby accepts the improvements for the Wilds Ridge North development. 3. Any remaining escrow dollars for construction inspection will be returned to the developer at the conclusion of the successful warranty period. 4. The escrow for tree preservation was returned to the developer on December 15, 2006. No additional reimbursement of tree preservation escrow dollars is needed on this project. 5. The oversizing amount for watermain, McKenna Road street construction, and pond access was paid to the developer in accordance with the Development Contract. No further compensation to the developer is needed for this project. PASSED AND ADOPTED THIS 5TH DAY OF JANUARY 2009. YES NO Hau en X Hau en Erickson X Erickson Hedber X Hedber LeMair X LeMair Millar Millar Frank B I s, City Manager M:I000NCILIRESOLUTI12009\G9-007 Vhilds Ridge Norih Improvem~c~ityofpriorlake.COm Phone 952.447.9800 /Fax 952.447.4245