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HomeMy WebLinkAbout5F Accepting Jeffers Waterfront Development Report 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: APRIL 2, 2018 AGENDA #: 5F PREPARED BY: NICK MONSERUD, ASSISTANT CITY ENGINEER PRESENTER: NICK MONSERUD AGENDA ITEM: CONSIDER APPROVAL OF A RESOLUTION ACCEPTING THE IMPROVEMENTS FOR JEFFERS WATERFRONT ADDITION (#10-126) DISCUSSION: Introduction The purpose of this agenda item is to consider a resolution accepting the developer installed improvements for the Jeffers Waterfront Addition. This action is housekeeping in nature and is called for as part of the development agreement between the Developer and the City. In essence, this is the process through which privately installed improvements come into public ownership pursuant to Prior Lake City Code. History Jeffers Waterfront is part of the overall Jeffers Pond Addition and is located south of County Road 42 and west of County Road 21. On February 7, 2011 the City Council adopted resolution 11-021 entering into a Development Contract with Mattamy Homes for the Jeffers Waterfront Addition Development. Since that City Council action, the developer has constructed the improvements as outlined in the Development Contract. The Development Contract and approved construction drawings outline the necessary developer installed improvements as well as other items needed for this development to be accepted by the City. The Development Contract for the development details the mechanisms for City acceptance of the developer installed improvements. In 2005, the City amended the Standard Development Contract to include City Council authorization to accept the improvements in addition to the final written acceptance by the City Engineer. Current Circumstances The developer for the project described above has now completed the improvements as outlined in the Development Contract. The improvements have been inspected by the City and have been found to be in compliance with City standards and the approved drawings. In some cases minor field changes were necessary during construction. These improvements including any field adjustments were documented in the completed as-built drawings. These as-built drawings were completed by the developer and reviewed by the City. The property iron certification letter has been received by the City. 2 Conclusion The City Engineer has reviewed the improvements and has written the acceptance letter for these developments. It is now appropriate for the City Council to accept the improvements for these developments. ISSUES: Once the improvements are accepted, the public improvements will then be turned over to the City and the security for the development returned to the developer. It will then be the responsibility of the City to perform maintenance over the public improvements and take over operational costs. FINANCIAL IMPACT: Within the development contract for the development, revenue was received for city administration and for city contracted construction observation. Staff will review the City administration expenditures and will invoice the developer if revenue received is insufficient to cover expenses. Escrow was received by the City for the development for construction observation and any remaining escrow funds will be returned. ALTERNATIVES: 1. Approve a resolution accepting the public improvements for the Jeffers Waterfront Addition as part of the consent agenda. 2. Remove this item from the consent agenda for additional discussion. RECOMMENDED MOTION: Motion and second for approval of alternative #1. 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 18-___ A RESOLUTION ACCEPTING THE DEVELOPER INSTALLED IMPROVEMENTS FOR JEFFERS WATERFRONT ADDITION, CITY PROJECT #10-126 Motion By: Second By: WHEREAS, On February 7, 2011, the City Council adopted Resolution 11-021 which authorized the City to enter into a Development Contract with Mattamy Homes for the development known as Jeffers Waterfront Addition; and WHEREAS, The Development Contract outlined the improvements the developer was responsible for installing; and WHEREAS, These improvements are now complete to the satisfaction of the City; and, WHEREAS, WHEREAS, The City has received the as-built drawings and property iron certification letter; and The City Engineer has reviewed the improvements and has written the acceptance letter for this development. 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 Jeffers Waterfront Addition 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 2ND DAY OF APRIL 2018 VOTE Briggs McGuire Thompson Braid Burkart Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Frank Boyles, City Manager