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HomeMy WebLinkAboutA019 - Resolution approving partial completion of public improvements and reducing the financial security on file for North Dayton Industrial Park Subdivision to $173,250To:Mayor & City Council From:Justin Clausen, Public Works Director Date:July 8, 2025 Subject:North Dayton Industrial Park Subdivision Financial Security Partial Reduction No. 2 Item No. 20 MEMO Please see attached documentation for partial release of financial security on file with the City. ATTACHMENT(S): North Dayton Industrial LOC Reduction 2.pdf City Clerk's Office 515.239.5105 main 515.239.5142 fax 515 Clark Ave. P.O. Box 811 Ames, IA 50010 www.CityofAmes.org 1 Smart Choice Public Works Department 515.239.5160 main 515 Clark Ave. P.O. Box 811 Engineering 515.239.5404 fax Ames, IA 50010 www.CityofAmes.org Public Works Department 515 Clark Avenue, Ames, Iowa 50010 Phone 515-239-5160  Fax 515-239-5404 June 25, 2025 Honorable Mayor and Council Members City of Ames Ames, Iowa 50010 RE: North Dayton Industrial Park Subdivision Letter of Credit Reduction No. 2 Mayor and Council Members: I hereby certify that public improvements including street lights, conduit, pavement markings & symbols for Bailey Avenue, Dayton Avenue Widening required as a condition for approval of the final plat of North Dayton Subdivision, have been completed in an acceptable manner by various contractors. 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. Improvements outstanding to be completed at this time include stormwater management as-builts, COSESCO, sidewalk, and as-builts for pedestrian ramps. 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 reduced to $173,250. Sincerely, Justin Clausen, P.E, CPWP-M Interim Public Works Director JC/MB cc: Finance, Developer, Planning & Housing, Subdivision file 2 North Dayton Subdivision June 25, 2025 Items completed as part of this reduction of financial security for North Dayton Industrial Park Subdivision. ITEM UNIT Qty Street Lights LS 1 Street Light Conduit LF 2400 Electrical Primary Conduit LF 2870 Mailboxes EA 1 Mailbox pad LS 1 Sidewalk, PCC, 5” (Future by others) SY 789 COSESCO AC 31 Items remaining for the financial security for North Dayton Industrial Park Subdivision. ITEM UNIT Qty Sidewalk, PCC, 5” (Future by others) SY 526 COSESCO AC 28 Outlet Structure Inlet Pipe, PVC 4” LF 20 Items completed as part of this reduction of financial security for Dayton Avenue Widening. ITEM UNIT Qty Painted Pavement Markings, Solvent/Waterborne STA 165.13 Painted Symbols and Legends EA 12 Items remaining for the financial security for Dayton Avenue Widening. ITEM UNIT Qty Shared Use Path, 6” PCC SY 82 Detectable Warning SF 80 3