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additional cost. City Engineer Westby stressed the importance of moving forward to make this <br />project work. <br /> <br />Chairperson Riley stated he was initially concerned that the City was getting ahead of itself with <br />this project, and the current plans take it even further. He asked why this needs to be extended <br />down Bunker Lake Boulevard. <br /> <br />City Engineer Westby stated the phasing of the Riverstone development will require Bunker <br />Lake Boulevard utilities to serve homes at the south end of their site. He added, in the next <br />phase, for the development to be graded and more homes constructed over the winter, services <br />need to be extended north along Puma Street. <br /> <br />Chairperson Riley asked whether they have plat approval. <br /> <br />City Engineer Westby stated they do not have plat approval. <br /> <br />Councilmember Kuzma requested clarification regarding the timing of the proposed <br />s can be obtained that <br />they will not back out. <br /> <br />City Engineer Westby stated they are going as fast as they can, and the City has submitted the <br />first draft of the assessment agreement to them. <br /> <br />Chairperson Riley stated they are asking the City to do this out of sequence, without a finalized <br />agreement, own project timeline. <br /> <br />Councilmember Kuzma agreed. He stated it would not be unusual to require a guarantee, as the <br />City is financially committed at this point. <br /> <br />Councilmember Johns agreed. She added a requirement of starting the project could be a <br />guarantee or commitment from the developer, since the City will be out $890,000 if the project <br />falls through. <br /> <br />Chairperson Riley stated he would like to request regular updates from the developer, and some <br />sort of credit to assist with costs. <br /> <br />Councilmember Johns asked what would be the total amount to be requested from the developer <br />as a guarantee. <br /> <br />Chairperson Riley stated the total is $800,000 plus 100% of road construction costs. He <br />expressed concern that the developer is pushing the City to do something that he does not agree <br />with. <br /> <br />Public Works Committee / June 20, 2017 <br />Page 6 of 10 <br /> <br />