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HomeMy WebLinkAboutA020 - Resolution approving the financial security covering one year of the 4 Year Stormwater Management Maintenance requirements on file for Wyffels Hybrids, Phase 1 (220 S Teller Ave) be reduced to $18,750To:Mayor & City Council From:Mindy Bryngelson, P.E., Municipal Engineer Date:November 18, 2025 Subject:Wyffels Hybrids, Phase 1 - 220 S Teller Ave Financial Security Reduction Item No. 20 MEMO Please see attached documentation for partial release of financial security on file with the City. ATTACHMENT(S): Wyffels 220 S Teller -First year reduction letter.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 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 October 24, 2025 Honorable Mayor and Council Members City of Ames Ames, Iowa 50010 RE: Wyffels Hybrids, Phase 1 220 S Teller Ave Financial 5B Security Reduction #1 Mayor and Council Members: I hereby certify that portion of the Financial Security covering 1 year of the 4 Year Stormwater Management Maintenance requirements as per the Post Construction Stormwater Management (Chapter 5B) for Wyffels Hybrids , 220 S Teller Ave, have been completed in an acceptable manner. The stormwater management practices 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 on file with the City be reduced to $18,750.00. The remaining work covered by this financial security includes three (3) years of inspection of the stormwater management practices. Sincerely, Mindy Bryngelson, P.E. Municipal Engineer Items pending to complete and accept Unit Quantity 4 -Year Maintenance year 3 2