HomeMy WebLinkAboutA021 - Resolution approving the financial security covering two years of the 4 Year Stormwater Management Maintenance requirements on file for Pivot Bio (2600 South Loop Drive) be reduced to $6,000To:Mayor & City Council
From:Mindy Bryngelson, P.E., Municipal Engineer
Date:November 18, 2025
Subject:Pivot Bio - 2600 South Loop Drive Financial Security Reduction
Item No. 21
MEMO
Please see attached documentation for partial release of financial security on file
with the City.
ATTACHMENT(S):
2600 S Loop Dr-Pivot Bio- 2 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: Pivot Bio – 2600 South Loop Drive Financial Security Reduction
Mayor and Council Members:
I hereby certify that portion of the Financial Security covering 2 years of the 4 Year Stormwater
Management Maintenance requirements as per the Post Construction Stormwater
Management (Chapter 5B) for Pivot Bio located at 2600 South Loop Drive 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 $6,000.00. The remaining work covered by this financial security includes two (2)
years of inspection and maintenance of the stormwater management practices.
Sincerely,
Mindy Bryngelson, P.E.
Municipal Engineer
Items pending to complete and accept Unit Quantity
4 -Year Maintenance year 2
2