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HomeMy WebLinkAboutA010 - Letter of Credit r � Ames Smart Choice Public Works Department 515 Clark Avenue, Ames, Iowa 50010 Phone 515-239-5160 ♦ Fax 515-239-5404 August 7, 2014 Honorable Mayor and Council Members City of Ames Ames, Iowa 50010 Ladies and Gentlemen: I hereby certify that the utilities, base asphalt paving, and curb and gutter construction required as a condition for approval of the final plat of South Fork, 61h 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 improvements on file with the City for this subdivision be set at $23,169.50. The remaining work covered by this financial security includes the asphalt surfacing, street lighting, installation of a shared use path, and final utility fixture adjustments. Sincerely, 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 „oi 515 Clark Ave.P.O.Box 811 Engineering 515.239.5404 /ar Ames,IA 50010 South Fork, 6`"Addition (REVISED) August 7, 2014 Page 2 Description Unit Quantity Class 13 Excavation -Cy 250 Sub-grade Preparation SY 1,725 4"Sanitary Sewer Service, PVC EA g Storm Sewer, RCP 15",CL 3 LF 75 Storm Sewer, RCP 18", CL 3 LF 112 Footing Drain Collector, 6" LF 204 Footing Drain Cleanout, 6" EA 2 Footing Drain Outlet and Connection, 6" EA 2 Storm Sewer Service Stub, PVC, 1-1/2" LF 290 Water main,Trenched, PVC, 8" LF 290 Water Service Connection, Curb Stop& Box, 1" EA g 8"45 Degree Bend EA 2 Fire Hydrant Assembly(includes gate valve, boot, 6" pipe and EA 1 fittings) Intake,SW502 EA 4 Manhole Adjustment, Major EA 1 30" PCC Curb and Gutter LF 790 Pavement,8" HMA SY 485 Pavement, 9.5" HMA SY 1,060 Pavement Removal SY 10 Seeding,Type 1 Lawn Mix ACRE 1 Silt Fence-Install, Maint.& Removal LF 300 Inlet Protection Device-Install, Maint. & Removal EA 3 Stabilized Construction Entrance EA 1 City Clerk's Office 515 Clark Avenue,P.O. Box 811 Ames,IA 50010 Phone: 5 l 5-239-5105 Fax: 515-239-5142 July 11, 2014 11 (91 TO WHOM IT MAY CONCERN: 5 I, Diane Voss, hereby certify that I have this date re ived from Pinnacle Properties of Ames, L.C., a Letter of Credit numbered 0416 in the amount $18,944.50. Said instrument has been placed on file in a Ames City Clerk's Office, 515 Clark Avenue, for the development of the following public ' provements: Street lighting [$4,500]; asphalt surfacing [$13,644.50];final utility adjustment $300);and erosion control(1.00 acre @$500/acre) [$5001 in South Fork Subdivision, 6th Addi ' n, City of Ames, Iowa. By: Diane R. Voss Title: City Clerk To: "Joel A.Thilges"<Joel.Thilges@FNBAmes.com> Cc: Bcc: Subject: Re: FW: LOC update Joel: I just met with Eric Cowles and Charlie Kuester. According to Justin Clausen, Construction Supervisor, and Civil Engineer Eric Cowles, the amount of the LOC needed has been revised to $23,169.50. The erosion control is done; however, the shared use path is not in. Here is the summary: Asphalt Surfacing: $13,644.50 Final Utility Adjustment: 300.00 Street Lighting: 4,500.00 Shared Use Path: 4,725.00 TOTAL: $23,169.50 If possible, I would like to have a new LOC in that amount and I will return the one in the amount of $18,944.50. If you can not get this to me today, Monday is fine. Please let me know. Thanks! Diane Voss, City Clerk/Records Manager P. O. Box 811 Ames, Iowa 50010 (515) 239-5105 "Joel A. Thilges" Diane, Please review these emails as I believe t... 08/08/2014 08:13:00 AM From: "Joel A.Thilges"<Joel.Thilges@FNBAmes.corn> To: "dvoss@city.ames.ia.us"<dvoss@city.ames.ia.us> Cc: "ckuester@city.ames.ia.us"<ckuester@city.ames.ia.us>, "Keith Arneson (keithdarneson@g mail.com)"<keithdarneson@gmail.com> Date: 08/08/2014 08:13 AM Subject: FW: LOC update Diane, Please review these emails as I believe this is contrary to what we discussed yesterday. PLEASE ADVISE! jaea. j `Dice Jwsid&d, 'emnm wid e"�—Ja"t .NatuuuxE Xank ae _ 9W,g a,,,9./ Xgmes ciwn th 4055 Staeet, amens, 9a 5UU10 Uffke—515.663.3U25 Ceee—515.291.029 ./VAUPS JD# 6C9252 What Xaaf iag Should Xe! From: Keith Arneson [mailto:keithdarneson@gmail.com] Sent: Friday, August 08, 2014 8:04 AM To: Joel A. Thilges Subject: Fwd: LOC update Can I get this asap? ---------- Forwarded message ---------- From: Charles Kuester <ckuester(2ccity.ames.ia us> Date: Fri, Aug 8, 2014 at 8:01 AM Subject: LOC update To: keithdarneson(dgmail com Cc: Diane R Voss <DVoss(Z-i>.city.ames.ia us> Keith, I've gone through everything and it looks like the only thing we need for South Fork 6th is an updated letter of credit based on Bolton and Menk's estimate of $26,354.50. See attached Exhibit A. I believe you already an LOC in to Diane for SF 6 so you could either replace that one with the new amount or provide another LOC for the difference. -Charlie