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HomeMy WebLinkAbout10-011 Stonebriar Improvements U ~~,}.,o.o ~ PRl~n,__~ ~ 1Ii~\ 4646 Dakota Street S.E. Prior Lake, MN 55372-1714 .~~ RESOLUTION 10-011 ACCEPTING THE DEVELOPER INSTALLED IMPROVEMENTS FOR STONEBRIAR CITY PROJECT #07-106 Motion By: Millar Second By: Hedberq WHEREAS, On May 21,2007, the City Council adopted Resolution 07-095 which authorized the City to enter into a Development Contract with The Ryland Group for the plat known as Stonebriar; 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 $46,250.00 was established to cover the costs of the Developer's portion of the regional pond construction at the intersection of County Road 12 and Trunk Highway 13. 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 Stonebriar development. 3. Any remaining escrow dollars for construction inspection will be returned to the developer at the conclusion of the successful warranty period. 4. Any remaining escrow dollars for pond construction will be returned to the developer when the City has received the final invoice from Scott County. 5. The oversizing amount for house removal and abatement 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 I Myser X I Erickson X I Hedberg X I Keeney X 1;W~ FranK.60'}lIes, City Manager NO Myser Erickson Hedberg Keeney Millar www.cityofpriorlake.com R.\Counc~!\2010 Agenda (}'l I iBh01n~i~44i.9BQGi3f,6ozFax 952.447.4245