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HomeMy WebLinkAbout10-010 Shepherd's Path Improvements Motion By: Millar Second By: Hedberg WHEREAS, On June 26, 2006, the City Council adopted Resolution 06-091 which authorized the City to enter into a Development Contract with Shepherd of the Lake Lutheran Church for the plat known as Shepherd's Path; and WHEREAS, The Development Contract 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, As a part of the Development Contract, an escrow in the amount of $55,000 was established to cover the costs for the construction of the boardwalk and gazebo within the dedicated park. The City constructed these features and utilized all of the escrowed funds. 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 Shepherds Path 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 in the amount of $55,000 for construction of the boardwalk and gazebo was fully utilized and no reimbursement will be made to the developer. 5. The oversizing amount for McKenna Road, Overlay of North Berens Road, and median construction on County Road 42 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 1 ST DAY OF FEBRUARY 2010. YES NO I Myser X Myser I Erickson X Erickson I Hedberg X Hedberg I Keeney X Keeney I Millar X Millar ~~ity Manager www.cityofpriorlake.com rv1\COUl'JCIL\Resoiutions\i01(j\ 10010 accooting i~~~7s 9SOGc / Fax 952.447.4245