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A015 - Resolution No. 14-608 adopted November 25, 2014
RESOLUTION NO. 14-608 RESOLUTION ACCEPTING PARTIAL COMPLETION OF PUBLIC IMPROVEMENTS REQUIRED FOR NORTHRIDGE HEIGHTS SUBDIVISION, 16TH ADDITION FOR THE CITY OF AMES,IOWA BE IT RESOLVED,by the City Council of the City of Ames, Iowa: Section One. In accordance with the Certificate of the Public Works Department, the utilities,curb and gutter, and asphalt paving required as a condition for approval of the Final Plat of the above-named Subdivision have been completed in an acceptable manner. Section Two. The bond given to secure performance of the public improvements is hereby lessened to $30,650 for the remaining work that includes street lighting and pedestrian sidewalk ramps. ADOPTED THIS 25th day of November, 2014. -A. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Nelson Seconded by: Goodman Voting aye: Betcher, Corrieri, Gartin, Goodman,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 25th day of November, 2014. ► IRREVOCABLE STANDBY LETTER OF CREDIT ISSUER:VISIONBANK OF IOWA 104 CHESTNUT ST AMES,IA 50010 Date of Issue:12.22-2014 Letter of Credit Number: 64 Amount: U.S. $ 30,650.00 ( THIRTY THOUSAND SIX HUNDRED FIFTY AND NO1100 U.S. DOLLARS) For Benefit Of: For Account Of: Beneficiary Name and Address Applicant Name and Address CITY OF AMES HUNZIKER LAND DEVELOPMENT COMPANY LLC 515 CLARK AVE,PO BOX 811,AMES,IOWA 50010 105 S 16TH ST AMES,IA 50010 LETTER OF CREDIT. Issuer establishes this Irrevocable Standby Letter of Credit (Letter of Credit) in favor of Beneficiary in the amount indicated above. Beneficiary may draw on this Letter of Credit with a Draft (or Drafts, if the maximum number of drawings is greater than one) together with the documents described below. Each Draft shall be signed on behalf of Beneficiary and be marked "Drawn under [Issuer name] Letter of Credit No. [Letter of Credit number] dated [Letter of Credit date]." Drafts must be presented at Issuer's address shown above on or before the Expiration Date. The presentation of any Draft shall reduce the Amount available under this Letter of Credit by the amount of the Draft. This Letter of Credit sets forth in full the terms of Issuer's obligation to Beneficiary. This obligation cannot be modified by any reference in this Letter of Credit, or any document to which this Letter of Credit may be related. This Letter of Credit expires on the Expiration Date. DRAWINGS. ❑ Partial drawings shall not be permitted under this Letter of Credit. M Partial drawings are permitted. The maximum number of drawings that may be made is DOCUMENTS. Each Draft must be accompanied by the following, an original and two copies except as stated: ❑ The original Letter of Credit, together with any amendments. ❑ A sight draft drawn by Beneficiary on Issuer. ® A signed statement by Beneficiary including the following statement: DRAWN UNDER IRREVOCABLE STANDBY LETTER OF CREDIT#64 DATED DECEMBER 22,2014 FOR THE ACCOUNT OF HUNZIKER LAND DEVELOPMENT ❑ Other documents: COMPANY,LLC. Issuer shall be entitled to accept a draft and the documentation described above, as required by the terms of this Letter of Credit, from any person purporting to be an authorized officer or representative of Beneficiary without any obligation or duty on the part of Issuer to verify the identity or authority of the person presenting the draft and such documentation. SPECIAL INSTRUCTIONS: Irrevocable Standby Letter of Credit LC-STANDBY 9/11/2009 VMPOO Bankers SystemsTM VMPC612 (0909).00 Wolters Kluwer Financial Services©2001,2009 Page 1 of 2 r +� Z;o Z 96ed 00'160601 ZL90dWn 600Z 100Z OO saoiniaS suJOIIL!oueu!jS S101UR siallom 600Z1 L Ll6 A80NV1S-01 YV1swl Aqp ejS 9jg pdWJj 31pa��jo jaAal�9PuelS ai9eoonaJij (apa PUE—rq J-2,S) 1N301S38d ANUM'HA3WUNIH9 0110 SIM �j (a12Q) (ainIM51S) Ag /' ( N aanssj) VM01 JO NNVONOISIA •algEoliddE SE `dSI 10 dDfl a1I1 glim lualslsuooul lou a1E smEl cans sE Suol os `Eouaury 3o salEls Pallufl agl VM01 3o SMEI ag1 tq paulanoS aq oslE IIEgs 11Pa1D 3o 1a11a-1 S11LL '(86dSI)8661 Sa0110E1d igpumS Izuop u mul agl ❑ •1uaulpuamE 10 uoislan 1a1EI AuE Io `(dDfl)009 'ON uolJEoilgnd aolaunuoo 3o 1aqumilo IEuo11Eu1a1ul `uolSinaE LOOZ `s11Pa1D �jmuauinooQ 10; a311oE1d puE sulolsnO uuo;lu fl aip :Aq pauian08 aq JIULIS JIPa1D 30 1a11a-I sTU •MV1 g"IHVDI IddV •algE1a;SUE11-uou ® algvio swill Ej si llpoiD ;o lallarl slgL ',k1I'II9V'd1dSNV-d1 11mogouog o1 lanssl u1o13 aollou Am Inogllm uo andxa Iluis Itpa10 Io 1a11a-I S1141 `Juana SUE ul •11Pa1D Io 1alla'I SUp pualxa o1 lou sloala lanssl lEgl aIEQ uo11E11dxg ag1 o1 loud sXvp IsEal IE 2u11um m ,amogivag saSllou lanssl ssalun `aIEQ uollElidxg ag1 cuo1; sfpp 3o pouad E So; popuma aA IIEgs aIE(j uoijundxg oq1 `a1EQ uo11E11dxg ails o) loud 11pa1O 3o 1a11a"I sup 3o Iunouw Iln3 ag1 umE1p 1ou SEg A1E1o1puag 31 •01EQ uo11E11dx3 a141 alo3aq 10 uo IIpa1D 301a11aZ S1g1;o SuolSlnold ag1 g11m aouE11dwoo fouls ul poluasald sgEiQ IIE louoq o1 saa18E lanssl (a1EQ) SIOZ•ZZ•ZI uo 0£:b 1E ssalppE s,ionssl IE ssoulsnq;o osolo ag1 JE salldxa 11Pa1D 3o 1a11arl sTgZ -3JVQ NOIJV-dIdXg Northridge Heights, 16th Addition Diane R Voss to: chuck 12/02/2014 03:38 PM Bcc: Diane R Voss Diane R Voss Northridge Heights, 16th Addition At its meeting of November 25, 2014, the City Council accepted partial completion of public improvements required for Northridge Heights, 16th Addition. As a result, please provide me with a LOC in the amount of$30,650 prior to January 3, 2015, when the original one is due to expire. Thank you! Diane Voss, City Clerk/Records Manager P. O. Box 811 Ames, Iowa 50010 (515) 239-5105 qme `;C Smart Choice November 14, 2014 Honorable Mayor and Council Members City of Ames Ames, Iowa 50010 Ladies and Gentlemen: I hereby certify that the utilities, curb and gutter, and asphalt paving required as a condition for approval of the final plat of Northridge Heights, 161h Addition have been completed in an acceptable manner by Ames Trenching & Excavating of Ames, IA and Manatts, Inc. of Ames, IA. The above-mentioned improvements have been inspected by the Engineering Division of the Public Works Department of the City of Ames, Iowa and found to meet City specifications and standards. As a result of this certification, it is recommended that the financial security for public �C improvements on file with the City for this subdivision be reduced to $30,650. The remaining work covered by this financial security includes street lighting and pedestrian sidewalk ramps. Sincerely, "�;a_ John C. Joiner, P.E. Director JJ/jc cc: Finance, Contractor, Construction Supervisor, PW Senior Clerk, Planning & Housing, Subdivision file Public Works Department 515.239.5160 ,,,,,„ 515 Clark Ave.P.O.Box 811 515.239.5404 j,,. Ames,IA 50010 c Northridge Heights, 161h Addition November 14, 2014 Page 2 Description Unit Quantity Class 13 Excavation CY 93000 Sub-grade Preparation SY 5710 Sanitary Sewer Main,8" LF 1459 Sanitary Sewer Stub,4" EA 25 15" RCP,CL II I LF 607 18"Storm Sewer,CL III LF 108 18"Gasketed RCP,CL III LF 59 18"Storm Sewer(in 24"Steel Casing,Tunneled in Place) LF 140 18"Storm Sewer Unclassified LF 460 24" RCP,CL III LF 366 36"RCP,CL III LF 1292 42"RCP,CL III LF 70 18"RCP Apron EA 1 18"Unclassified Apron EA 1 42" RCP Apron EA 1 Subdrain, Perforated,4" LF 1934 Footing Drain Collector,6" LF 519 Footing Drain Cleanout,6" EA 3 Subdrain Outlets EA 4 Storm Sewer Service Stub,PVC,1.5" EA 25 8"Water Main LF 1268 12"Water Main LF 360 8", 11.25 Degree M1 Bend EA 6 8",22.5 Degree MJ Bend EA 5 12"x8"MJ Cross EA 1 Water Service Stub, 1" EA 25 Valve,M1,Gate,8" EA 2 Valve,MJ,Gate, 12" EA 2 Hydrant and Hydrant Run EA 4 Remove and Relocate Temporary Hydrant and Hydrant Run EA 1 Remove Temporary Hydrant and Hydrant Run EA 2 Manhole,SW-301,48" EA 6 Manhole,SW-301,48"(Storm) EA 3 Manhole,SW-401,60" EA 1 Manhole,SW-401,72" EA 2 Manhole,SW-401,84" EA 1 Intake,SW-501 EA 5 Intake,SW-503 EA 8 Intake,SW-505 EA 1 Intake,SW-S06 EA 1 30"PCC Curb and Gutter LF 2950 Pavement, HMA,8" SY 2935 Pavement,HMA,9.5" SY 1300 Sidewalk PCC,6" SY 50 Detectible Warning SF 90 Conventional Seeding,Fertilizing,and Mulching AC 35 Filter Sock LF 3500 Silt Fence-Install, Maint.&Removal LF 3500 Stabilized Construction Entrance EA 2 Rip Rap,Class D TN 70 Erosion Control Mulching,Conventional AC 35