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HomeMy WebLinkAbout15-036 Accepting Stemmer Ridge Phase 2 Improvements 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 15-036 A RESOLUTION ACCEPTING THE DEVELOPER INSTALLED IMPROVEMENTS FOR STEMMER RIDGE PHASE 2 CITY PROJECT #DEV03-000002 Motion By: KEENEY Second By: MORTON WHEREAS, On June 6, 2015, the City Council adopted Resolution 05-93 which authorized the City to enter into a Development Contract with Arcon Development for the plat known as Stemmer Ridge; and WHEREAS, On August 1, 2005, the City of Prior Lake approved the assignment of the Development Contract to Toll Brothers, Inc. from Arcon Development; and WHEREAS, On October 3, 2011, the City Council adopted Resolution 11-118 approving Amendment No. 6 to the Stemmer Ridge Development Contract for completion of Stemmer Ridge Phase 2; 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. NOWTHEREFORE, 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 Stemmer Ridge Phase 2 development. 3.Any remaining escrow dollars for construction inspection will be returned to the developer at the conclusion of the warranty period. PASSED AND ADOPTED THIS 9 DAY OF MARCH 2015. TH VOTE Hedberg Keeney McGuire Morton Thompson Aye ☐☒☒☒☒ Nay ☐☐☐☐☐ Abstain ☐☐☐☐☐ Absent ☒☐☐☐☐ ______________________________ Frank Boyles, City Manager