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ITEM 3.5 Prospect Pointe Addition� CITY OF 0ezo s MINNESOTA DEPARTMENT INFORMATION Request for City Council Action ORIGINATING DEPARTMENT: REQUESTOR: MEETING DATE: Public Works City Engineer Wagner November 28, 2016 PRESENTER(s): REVIEWED BY: ITEM #: Consent Agenda Interim City Administrator Flaherty 3.5 AGENDA ITEM DETAILS RECOMMENDATION: Staff recommends accepting all public improvements associated with ProspectPointe Addition and releasing the remaining financial securities. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: ProspectPointe Addition is a single family residential subdivision with public improvements including watermain, sanitary sewer, storm sewer, and concrete curb and gutter and bituminous streets. All public improvements have now been completed including the final lift of pavement and final utility adjustments. An acceptable warranty period has passed and a final walk-thru with City staff was completed September 21, 2016. All items identified at this walk-thru have been completed. The as - built plans dated January 31, 2014 have been accepted. Staff recommends accepting all public improvements associated with ProspectPointe Addition and releasing the remaining financial securities. SUPPORTING DOCUMENTS: ❑ ATTACHED: ® NONE A. Resolution 2016-100 POSSIBLE MOTION Please word motion as you would like it to appear in the minutes. Motion to approve Resolution #2016-100 accepting all public improvements associated with ProspectPointe Addition. BUDGET INFORMATION FUNDING: BUDGETED: ❑ YES ® NO (N/A) RESOLUTION NO. 2016-100 CITY OF OTSEGO COUNTY OF WRIGHT, MINNESOTA RESOLUTION ACCEPTING PUBLIC IMPROVEMENTS FOR THE PROSPECTPOINTE ADDITION. WHEREAS, the City Council approved the final plat of ProspectPointe Addition (the "plat"); and, WHEREAS, the City and Developer entered into a Developers Agreement July 16, 2013 for ProspectPointe Addition and recorded with Wright County as Document No. A1244140 regarding approval of the plat and installation of required public improvements within the plat; and, WHEREAS, all public improvements, including watermain, sidewalk, and grading and erosion control have been completed; and, WHEREAS, all public improvements were constructed in accordance with City standards, Code and approved plans within the plat; and, WHEREAS, an acceptable warranty period has passed; and, WHEREAS, a final acceptance inspection of the public improvements within the plat was conducted on September 21, 2016 with City staff and the Developer, and all remaining items have been successfully completed; and, NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF OTSEGO MINNESOTA THAT 1. The City accepts all public improvements lying within public easements and public right-of-way and these improvements shall be come City property. MOTION BY: SECOND BY: ALL IN FAVOR: THOSE OPPOSED: Res Final ACCEPTANCE ADOPTED by the City Council of the City of Otsego this 28t" day of November, 2016. CITY OF OTSEGO BY: Jessica L. Stockamp, Mayor ATTEST: Tami Loff, City Clerk Res Final ACCEPTANCE