Loading...
HomeMy WebLinkAbout7D - Wilds Second Addition DATE: 7D JOHN WINGARD, ACTING CITY ENGINEER CONSIDER APPROVAL OF RESOLUTION 96-10 APPROVING ADDENDUM #1 TO THE CONTRACT FOR DEVELOPMENT OF LAND FOR THE WILDS 2ND ADDITION OCTOBER 7, 1996 AGENDA #: PREPARED BY: SUBJECT: INTRODUCTION: The purpose of this Agenda item is to consider approval of Addendum # I to the Contract for Development of Land in the City of Prior Lake with Shamrock Development, Inc. The addendum allows the Developer to construct sanitary sewer, watermain, storm sewer, and streets through Outlot E of The Wilds 2nd Addition on Wilds Parkway from the southeast end of The Wilds 2nd Addition to County Road 82. The Contract for Development for The Wilds 2nd Addition was approved by the Council at the June 3, 1996 meeting. As part of infrastructure work the Developer is constructing certain Public Improvements on behalf of the City such as streets, sidewalks, sewer and water lines, to serve the residents of The Wilds and the surrounding areas. The Addendum No. 1 to the Contract or Development of Land has been prepared by the City Attorney and the Developer has signed the Addendum # 1 to the Contract for Development. One copy is attached and three copies of the addendum will be available at the Council meeting for signatures if this item is approved. There is no platting of lots associated with this addendum. BACKGROUND: Outlot E of The Wilds 2nd Addition is located east of the City's booster station and north of County Road 82. (See the attached map labeled as Exhibit A) This addendum will cover the construction of sanitary sewer, watermain, services, streets, trails, and sidewalk on Wilds Parkway from County Road 82 to the north 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 WlLDS2AM.DOC AN EQUAL OPPORTUNITY EMPLOYER r' beneficial to construct these improvements prior to platting of the lots adjacent to this project to improve access to The Wilds. The staff and MSA will inspect the utility and street work to make sure the work is constructed to City standards. The Developer will be responsible for reimbursing MSA for their expenses to perform the inspection work. FINANCIAL IMPACT: All fees owed to the City associated with the construction of Wilds Parkway through Outlot E will be captured at the time of the final platting of Outlot E. ALTERNATIVES: The alternatives are as follows: 1. Make a motion and second to approve Addendum # 1 to the Contract for Development of Land for The Wilds 2nd Addition. 2. Approve this item with specific amendments. 3. Deny or take no action on this item. RECOMMENDATION: Alternative No.1. ACTION REQUIRED: Make a motion and sec9nd to approve Addendum #1 to the Contract for DeVe10pmCt of Land for The Wilds 2nd Addition. 1j i Boyles WILDS2AM.DOC 5. All fees owed to the City associated with the construction of the extension of Wilds Parkway through Outlot E will be captured at the time of the final plat for The Wilds Fifth Addition; and said fees will be based upon the estimated costs for the construction set forth in paragraph 6 below. 6. The estimated costs for the construction of Wilds Parkway through Outlot E is $354,509.26. 7. Paragraph 7 to the CONTRACT FOR DEVELOPMENT is amended to add the following Section 7.3: The Irrevocable Letter of Credit in the amount of $695,187.73 provided by the Developer to secure compliance with the terms of the CONTRACT FOR DEVELOPMENT shall apply also to secure the completion and acceptance by the City for the extension of Wilds Parkway through Outlot E to County Road 82. 8. In calculating any reduction in the Irrevocable Letter of Credit pursuant to Paragraph 8 of the CONTRACT FOR DEVELOPMENT, the City shall include the estimated construction costs for the extension of Wilds Parkway through Outlot E. 9. The construction of Wilds Parkway through Outlot E shall be in accordance with the engineering plans prepared according to City specifications and approved by the City Engineer. 10. Grading relating to the extension of Wilds Parkway through Outlot E shall be in accordance with a grading plan submitted by the Developer and approved by the City Engineer. NOW THEREFORE, BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE that Addendum #1 to the Contract for Development of The Wilds 2nd Addition is approved and the Mayor and City Manager are authorized to execute said Addendum on behalf of the City. Approved by the CITY COUNCIL on the 7th day of October, 1996. YES NO Andren Greenfield Kedrowski Mader Schenck Andren Greenfield Kedrowski Mader Schenck City Manager, Frank Boyles City of Prior Lake wn.DS2AM.DOC ADDENDUM NO.1 TO THE CONTRACT FOR DEVELOPMENT OF LAND IN THE CITY OF PRIOR LAKE, MINNESOTA THIS AGREEMENT, made and entered into as of the 7th day of October, 1996, by and between the City of Prior Lake, (hereinafter "City"), a municipal corporation organized under the laws of the State of Minnesota and Shamrock Development, Inc. (hereinafter "Developer"), a Minnesota corporation. WITNESSETH THAT: WHEREAS, the City has granted preliminary plat approval and fmal plat approval to The Wilds 2nd Addition, subject to certain terms and conditions set forth in the Contract for Development of Land in the City of Prior Lake dated June 3, 1996 ("CONTRACT FOR DEVELOPMENT"); and WHEREAS, pursuant to the approval, the City Council authorized the Mayor and City Manager to execute a CONTRACT FOR DEVELOPMENT for a single- family development known as The Wilds 2nd Addition; and WHEREAS, the CONTRACT FOR DEVELOPMENT requires the Developer to construct certain City Improvements; and WHEREAS, the Southeasterly portion of the land comprising The Wilds 2nd Addition is platted as Outlot E; and WHEREAS, the CONTRACT FOR DEVELOPMENT of The Wilds 2nd Addition provides that the Developer will construct Wilds Parkway to a terminus at the most westerly line of Outlot E; and WHEREAS, the Developer at some future date intends to plat Outlot E as The Wilds Fifth Addition; and WHEREAS, the City and Developer agree that it is in the best interest of the City and Developer to presently construct Wilds Parkway through Outlot E to terminate at County Road 82. NOW, THEREFORE, in consideration of the mutual promises and covenants hereinafter contained, it is hereby agreed as follows: 1. The recitals set forth above are incorporated herein as if fully set forth. 162~~eek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER 2. The CONTRACT FOR DEVELOPMENT is hereby amended to add this Agreement as Addendum No.1. 3. The Developer grants the City a roadway, drainage and utility easement over that portion of Outlot E, legally described in Attachment 1 to this Addendum. Attachment 1 is incorporated by reference as if fully set forth herein. 4. The City and Developer agree that the portion of the road depicted in Attachment 1 will be platted at the time a plat is submitted for the Development of Outlot E. 5. All fees owed to the City associated with the construction of the extension of Wilds Parkway through Outlot E will be captured at the time of the final plat for The Wilds Fifth Addition; and said fees will be based upon the estimated costs for the construction set forth in paragraph 6 below. 6. The estimated costs for the construction of Wilds Parkway through Outlot E is Three Hundred Twenty-four Thousand Three Hundred Seven and no/1 00 Dollars ($324,307.00). 7. Paragraph 7 to the CONTRACT FOR DEVELOPMENT is amended to add the following Section 7.3: The Irrevocable Letter of Credit in the amount of $695,187.73 provided by the Developer to secure compliance with the terms of the CONTRACT FOR DEVELOPMENT shall apply also to secure the completion and acceptance by the City for the extension of Wilds Parkway through Outlot E to County Road 82. 8. In calculating any reduction in the Irrevocable Letter of Credit pursuant to Paragraph 8 of the CONTRACT FOR DEVELOPMENT, the City shall include the estimated construction costs for the extension of Wilds Parkway through Outlot E. 9. The construction of Wilds Parkway through Outlot E shall be in accordance with the engineering plans prepared according to City specifications ~d approved by the City Engineer. 10. Grading relating to the extension of Wilds Parkway through Outlot E shall be in accordance with a grading plan submitted by the Developer and approved by the City Engineer. NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE that Addendum No. I to the CONTRACT FOR DEVELOPMENT of Wilds 2nd Addition is approved and the Mayor and City Manager are hereby authorized to execute this document. WILD2AMD.DOC IN WITNESS WHEREOF, City and Developer have caused Addendum No. 1 to be duly executed on the day and year first above written. Approved by the City Council on the 7th day of October, 1996. CITY OF PRIOR LAKE: DEVELOPER: Shamrock Development, Inc. By: Its Mayor, Lydia Andren By: Its President, James M. Stanton By: Its City Manager, Frank Boyles APPROVED AS TO FORM AND EXECUTION: By: Its City Attorney, Suesan Lea Pace This instrument drafted by: C~BELL,~TSON,SCOTT & FUCHS, P.A. 1380 Corporate Center Curve 317 Eagandale Office Center Eagan, MN 55121 SLP:kgm WILD2AMD.DOC STATE OF MINNESOTA } }ss: COUNTY OF SCOTT } On the day of ,19_, before me, a Notary Public, with and for said County personally appeared Lydia Andren and Frank Boyles, to me personally known, being each by me duly sworn did say that they are the Mayor and City Manager, respectively, of the City of Prior Lake, a Minnesota municipal corporation, named in the foregoing instrument; and that said instrument was signed on behalf of the municipal corporation and acknowledged said instrument to be the free act and deed of said municipal corporation. Notary Public STATE OF MINNESOTA } }ss: COUNTY OF SCOTT } The foregoing instrument was acknowledged before me this day of , 1996, by and of Shamrock Development Inc. a Minnesota Corporation, on behalf of said corporation. Notary Public W1LD2AMD.DOC FUTURE PHASE THE WILDS 3RO ADDITION ------+ ,....-.- - -. - ...,- I I I I I I I I' EXHIBIT A I I I I :.._ _ I I F\FfEENTH HOLE <.~_.::-- ~~,U --i/~ i ,.....-::-.-..-..~ ~/ : I POND NP 1 ',.-., I ./ I . I Ir.~WL 919.0 ".HI ! ...... I HWL 921.9 I I .; +-::~_..\.. - ..-..-. ._.._.._..~.. I ' / -~ / I SEWER, WATER AND STREET MAP WILDS 2ND ADDITION t / I ' J ---- ---.., - ~ OUTLOT / \ E / \ / ' \ ,-- :-<. / 1/ ' - ~.:\ / ----1' FlfWRE\ \. \./. - \ \ STREE"t \,'- "\" -. "-:- >....... I' ----:::: - - ~:-................. /-r ~ .'-. .... .~ / /--.:.-.... ---- I ! I I I I N -~------ -_._~..._--._-_._~ .. ------- CO. RD. 82 - ._-- -- T, ____..I.&J_ Ia'" "<"": ~ 10 "'\..&..1_ 0 CO P ARI<',': A'.' e ~ _ _ _ _0__ z I 'H[ aM,tjr UOMIUM.Slltt..V ",...--- COfIt.P. CI vun.or f ")--~ I fl ~\ -~~- S68'brt." '....... :>s<: -1'?'"c ~ I.&J . ~...~ ~ ~ i e~8 o :I Z !~ I 7 / -1 Li,--:::"~~r,yU~~;":;:H' -; -.n - ~ - ~-:- -=- - -=- - ~-.. ~. ...-.:: ~ -;:-:: -:--....: , , ...;.., I ... ~..'QS[OIl"'Ao.."" . j' :'9 ~. ~. .._;._.~. ~!o7:~' -/~~~~~.~.!.t-....- __k~{.~~:;~~. ...:ol " __ i 1 557.0J NAS-oS'211.W '. ) EASEMENT MAP WILDS 2ND ADDITION " , .i~~f~~ -J ATTACHMENT 1 , , " r' S8S-SS 43-E 501.S6 I I I __ I. -.. "'1 -. or,.~ ;09" ~ ;t" c./ .: ~'t,:;~.~J~~ .~ ~ '-.' ., ,j ~, . . :'::;;? (;~~l~ > ~"~_~~.:, f".......' ~. " -. ') --.....: " >\ ';"'- l~~: ~ <",,;', '~i:;f' \. \ \\ \ . OUTLOT E \ \ .~ ~ ~~i~:F > '~ . "WtJil'./.:>>lu(jH..."......t . ...un 11111111 r.-',jl'r,., .'. \. '\ I . , . , ~, . \ ~ '" ,:~~":'" ."'."" \\ ,. \' .\ \\ \ '\ \'-\ \': ~.~ \ .......; \'\\1';)\ 'I I: j : I 1- I I I 1/ l /j / I / , ""s I .' / / (.t...'!. /~ /:.~:); / ",) / I ,>,~~:','J"\' / ,.t..lo ).... ';1)~{ / "'""1 /.....;';'i/.'~ ." I !,~ VC\;( ~(. , / !.~l. ..~ -I.)" I,.....~ :...~Jr Iv Ii:;;: ;.,/ /" I~;.~ ~::/ I,'.! I 'l~' I I' I 1: ~~~:":;'~:~:";~~~r..'i " t \ ~ \ \ · 'I :"'" 1\ l II a 'i " \ ' . ,....llt'O..... U tHC.u~A\~ 1:-': ~ ~.\~..... ."'40 ,,(tltlt t....U.~rH 11"~t_. "'\ I.- t,"., rit\ II~ ~.) '::, \ If: ~.:'" 'I o 1.lg"L I. 1:.e ~l~ ~. ' "1I4 ( .. II ~ :~~7 U....1 ~ ""0 ~,., ai' ~p ....0 o en '\ . \ I ) ~ f;;~ ;.,~ eN g.... z ( - . ) 650.07 N8S-"0'S2.W