Agenda - Council - 10/07/2003 - Special

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September 29, 2003 To: Members of the Ramsey City Council James Norman, City Administrator From: Tim Engen and Ramsey Town Center (LLC) RE: Request for Alternate Security Arrangements; Our Fall Scope of Work First of all, man5', many thanks for your efforts on behalf of the project. As a team, we huddled all last week to complete arrangements for immediate construction: the day we have all been waiting for! Time is of the essence. To the point: Grading Permit. We seek a grading permit this week from the City of Ramsey to immediately commence mass grading, at least the portion of mass grading we can accomplish pre-winter. (A Groundbreaking Ceremony is scheduled October 24... but we dare not wait.) Security Posting. In order to receive that grading permit (all other conditions' to start up have been met), security needs to be posted with the City of Ramsey. This was specified in Article 10 of the Development Agreement and Section 12.4, which allowed the Developer to petition the City Council, in its discretion, for consideration of alternate security. Initial Costs. The Cit,y Engineer, using our estimates and those estimates supplied by Haakinson:'Anders'on, with 35% contingencies, costed of the initial phase, called the "Plat Pha§e" as follows: 1) Streets (Peridot Street for Charter. School) 2) Sanitary Sewer ., 3) Watermain 4) Sitewide Storm Sewer 5) Sitewide Grading Total Estimated Plat Phase *Projected as Spring work. $217,535.63' $91,591.80' $170,795.93' $2,612,763.00 $5,364,300.06 $8,465,989.36 With winter approaching, the focus of our efforts is targeted to all land East of Rhinestone (See Exhibit). This will cost approximately 30% of the $8,500,000 Plat Phase estimate ($2,500,000 - $3,000,000). This zone of immediate grading and storm water accommodates the Charter School, Allina and a major residential