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HomeMy WebLinkAbout5J - CJF Holdings Development Contract (Project #EP06-191) MEETING DATE: AGENDA #: PREPARED BY: AGENDA ITEM: DISCUSSION: 4646 Dakota Street S.E. Prior Lake, MN 55372-1714 CITY COUNCIL AGENDA REPORT OCTOBER 19, 2009 5J LARRY POPPLER, ASSISTANT CITY ENGINEER CONSIDER APPROVAL OF A RESOLUTION CONSIDERING A REQUEST TO AMEND THE CJF HOLDINGS LLC DEVELOPMENT CONTRACT CITY PROJECT #EP06-191 Introduction In order to facilitate CJF Holdings, LLC ("Developer") ability to construct a building on property located on Welcome Avenue, utilities needed to be extended to the site. The City and Developer entered into a Development Contract that addresses, in pertinent part, the City's request that the Developer (1) oversize the utilities and (2) construct an extension of the utilities from its existing location to Welcome Avenue to serve the CJF Holdings building site. This agenda report requests the City Council approve an amendment to the Development Contract for the reasons set forth in this report. Historv CJF Holdings LLC has completed construction of a new building on its property located on Welcome Avenue, north of CSAH 21, east of Industrial Circle, west of Rainbow Parkway, and south of Markley Lake. In order to construct the building, the Developer extended sewer and water services from the existing utilities located northwest of Industrial Circle to its property on Welcome Avenue. At the City's request, the Developer oversized the utilities to accommodate future growth. On May 19th, 2008, the City and the Developer entered into a Development Contract for the Project. As a part of the project, the Developer was reimbursed for the extension of sewer and water to Industrial Circle. The reimbursement also included over-depth to serve future annexation areas and indirect costs associated with the City portion. Current Circumstances The Development Contract included provisions for the payment of the standard development fees by the Developer in the amount of $75,600. The Contract also required the Developer to provide security of $447,406 for the utility work and other site requirements. The City requested the Developer to oversize part of the utility service and to extend the utilities to Industrial Circle so that the services are available for future development. The Development Contract describes how the developer will be reimbursed for (1) the oversizing and (2) the extension of the utilities to Industrial Circle. Because of time constraints this project did not go through the Chapter 429 process that would have allowed the City to specially assess the project to the benefitted properties. The City and Developer, working together, came up with www.cityofpriorlake.com ",Phore 954A4Z,;9~Q.0 i,{f:frl~ 954/:t;47r4:,?45 a bifurcated mechanism to reimburse the Developer. The City has reimbursed the Developer $175,950 from the Trunk Fund for extension and over-depth of the utilities from the Maintenance Garage to Industrial Circle.{Point A to Point B.) The work to extend the utilities from Industrial Circle to Welcome Avenue (Point B to Point C) is not eligible for payment from Truck Funds at this time. As a part of the Development Contract, the Developer is owed $201,354 for this work. The Developer agreed to postpone payment until such time as other properties are developed and/or connected and the City collects connection fees. The calculation in the Development Contract of how much the City owes the Developer for this work was based on the bids received by the Developer. Construction projects seldom come in for the exact bid amount. The Development Contract provides that if the cost to oversize is less or greater than provided for in the Contract, the reimbursement to the Developer will be adjusted accordingly. Since cost is a material term in the Development Contract, any increase in cost needs to be approved by the City Council in the form of an amendment to the Development Contract. The work associated with the project has been completed by the Developer in accordance with the plans. During construction, the Contractor on the project encountered field conditions that necessitated additional work. These included poor soil conditions, undocumented pipes, and ground water. These unforeseen conditions required the Contractor to increase material quantities and add work including additional aggregate, stabilizing rock, dewatering of the trenches, and increased pipe materials. Based on the final numbers, the Development Contract should be amended to increase the reimbursement to the Developer by an additional $37,904.00 for the extension of the utilities from the location near the Maintenance Garage to Industrial Circle (Point A to Point B). A second amendment to the Development Contract should be made to the amount owed to the Developer for extending the utilities from Industrial Circle to Welcome Avenue (Point B to Point C). The reimbursement should be revised from $201,354 to $193,745.00. This sum will be paid as connection fees are collected from other properties in the area. ISSUES: Construction Costs The Development Contract contemplates the need to make adjustments to the amounts owed to the Developer. The adjustments are calculated based on the bid costs and the actual costs. The City performed inspection on the project and the items encountered in the field are legitimate. FINANCIAL IMPACT: The City's final total reimbursement is $407,599.00. $213,864 is funded out of the Trunk Fund. The remaining $193,745 will be collected from property owners at the time of hook up. ALTERNATIVES: The City Council has the following alternatives: 1. Adopt a Resolution authorizing execution of an amendment to the Development Contract with the CJF Holdings LLC. 2. Deny the Resolution authorizing the Development Contract. 3. Defer this item and provide staff with specific direction. Staff recommends Alternative #1. RECOMMENDED MOTION: A motion and second to adopt a Resolution authorizing the execution of an amendment to the Development Contract for CJF Holdings LLC and authorizing the Mayor and City Manager to sign the amendment to the Development Contract. Reviewed by: Franf!:j ~~anager A RESOLUTION APPROVING AMENDMENT NO.1 TO THE CJF HOLDINGS LLC DEVELOPMENT CONTRACT Motion By: Second By: WHEREAS, On May 19, 2008, the Prior Lake City Council approved the Development Contract for CJF Holdings; and WHEREAS, CJF Holdings has completed the improvements in accordance with the Development Contract; and WHEREAS, As part of the project the Developer completed certain oversizing improvements as requested by the City and is requesting reimbursement for those improvements in the amount of $37,904.00 in accordance with the Development Contract. 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 Mayor and City Manager are authorized to execute on the City's behalf Amendment No. 1 to the Development Contract for CJF Holdings LLC. 3. The City is authorized to reimburse $37,904.00 to CJF Holdings LLC for the Oversizing Improvements. 4. The reimbursement shall be paid from the following accounts: Trunk Sewer Fund Account # 502-50084-519: $37,904.00. PASSED AND ADOPTED THIS 19th DAY OF OCTOBER 2009. YES NO I Haugen I Erickson I Hedberg I LeMair I Millar Haugen Erickson Hedberg LeMair Millar Frank Boyles, City Manager www.cityofpriorlake.com R\Council\2009 Agenda Reports\ 10 19 09\Perfo~~rne~~d. 9800 / Fax 952.447.4245 DEVELOPMENT CONTRACT CJF HOLDINGS LLC AMENDMENT NUMBER 1 PROJECT#EP06-191 This AMENDMENT NUMBER 1 ("Amendment") to the DEVELOPMENT CONTRACT dated May 19,2008, for CJF Holdings is entered into this 19th day of October, 2009, by and between the City of Prior Lake, a Minnesota municipal corporation ("City"), and ClF Holdings LLC., a Minnesota limited liability corporation (the "Developer"). Based on the mutual promises and covenants set forth herein, the sufficiency of which is not disputed, the City and the Developer (collectively "Parties") agree as follows: 1. OVERSIZING. Paragraph 28 of the Development Contract reimbursed the Developer for the extension of sanitary sewer to Industrial Circle and to W elcome Avenue. Paragraph C. of the Development Contract discussed a Contract amendment dictating final oversizing costs once construction had concluded. A. The City shall reimburse the Developer a total of $37,904.00 for the additional costs associated with the construction of the extension of sanitary sewer to Industrial Circle. The final cost for extension of sanitary sewer to Industrial Circle is $213,854.00. This includes the construction cost for the extension of sanitary sewer to Industrial Circle ($159,253.00), over-depth for sanitary sewer ($31,688.00), and plus 12% ($22,913) for engineering and construction staking. The Developer was previously reimbursed a total $175,950.00 based on the initial bid, but additional work was authorized by the City due to unforeseen site conditions. Subparagraphs B of Paragraph 28 of the Development Contract for ClF Holdings is hereby amended as follows: B. The City shall reimburse the Developer an amount of $159,925.00 as connection fees are collected from other Industrial Park properties for the extension of sewer and water from Industrial Circle to Welcome Avenue. This amount was calculated as the construction cost ($172,172.00) of the utilities, plus 12% ($21,573) ofthe original bid ($179,780) for engineering and construction staking, less the sewer and water connection charge reimbursement ($33,820.00) to ClF Holdings on May 19th, 2008. The total construction cost for the extension of sewer and water from Industrial Circle to W elcome Avenue is $193,745.00. This construction cost does not include the Developer's site utility costs. 2. MISCELLANEOU~. A. Amendments. All of the provisions of the DEVELOPMENT CONTRACT for ClF Holdings, with the exception of these amendments, shall remain in full force and effect, unless otherwise amended. No additional amendments to this Development Contract shall be valid unless in writing, signed by the parties and approved by resolution of the City Council. The City's failure to promptly take legal action to enforce this Development Contract shall not be a waiver or release. B. Severability. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this Amendment is for any reason held invalid, such decision shall not affect the validity of the remaining portion of this Amendment. C. Assignment. The Developer may not assign this Amendment without the prior written approval of the City Council which approval shall not unreasonably be withheld. The Developer's obligation hereunder shall continue in full force and effect even if the Developer sells one or more lots, the entire Plat, or any part of it. D. Interpretation. This Amendment shall be interpreted in accordance with and governed by the laws of the State of Minnesota. The words herein and hereof and words of similar import, without reference to any particular section or subdivision, refer to this Amendment as a whole rather than to any particular section or subdivision hereof. Titles in this Amendment are inserted for convemence of reference only and shall be disregarded in constructing or interpreting any of its proVIsIOns. E. Jurisdiction. This Amendment shall be governed by the laws of the State of Minnesota. CITY OF PRIOR LAKE: By: Jack G. Haugen, Mayor By: Frank Boyles, City Manager DEVELOPER: By: Its: STATE OF MINNESOTA ) ( ss. COUNTY OF SCOTT) The foregoing instrument was acknowledged before me this day of , 20 by Jack G. Haugen, Mayor, and by Frank Boyles, City Manager, of the City of Prior Lake, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. NOTARY PUBLIC STATE OF MINNESOTA ) ( ss. COUNTY OF ) The foregoing instrument was acknowledged before me this 20_, by day of NOTARY PUBLIC DRAFTED BY: City of Prior Lake 4646 Dakota Street Prior Lake, Minnesota 55372