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HomeMy WebLinkAbout[10] Rivers Bend Plat 2 f, infi CCTV OF T. JOSIi:PH Council Agenda Item 10 MEETING DATE: October 21, 2010 AGENDA ITEM: Rivers Bend Plat 2 SUBMITTED BY: Administration BOARD /COMMISSION /COMMITTEE RECOMMENDATION: PREVIOUS COUNCIL ACTION: The City Council on September 29, 2010 approved the final plat for Rivers Bend 2 contingent upon execution of the development agreement and approval of the City Engineer. BACKGROUND INFORMATION: The City Engineer has received and reviewed the final construction plans and accepted them as final. The only portion left is the execution of the Development Agreement. Cory Ehlert stopped in the office late on Friday with concern with the developers agreement. When City improvements are constructed privately, they developer is required to have a city inspector on -site to verify that they are being built to City standards. The cost for the inspection is based on the time it takes for the contractor to install the infrastructure. The project costs are very tight for the developer and they have indicated that they have $ 5,000 for the inspection services. It is anticipated that the project will take approximately 4 to 5 weeks and the inspection is like to cost between $ 20,000 - $ 30,000 (Approximately 200 hours). Since I have not had time to discuss this with the engineer or attorney, I have placed the matter on the agenda as the Council would have to decide if public utilities will be allowed to be constructed with observation. With the exception of St. Cloud who has inspectors on site, the surrounding communities require inspection services. More information will be provided to the Council as it develops during the week. BUDGET /FISCAL IMPACT: ATTACHMENTS: REQUESTED COUNCIL ACTION: