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TO: Mayor Richard C. Irvin
FROM: Jason Bauer, P.E. - Assist. Dir. Of Public Works - Assist. City Engineer
DATE: October 22, 2024
SUBJECT:
A Resolution to accept the public improvements and maintenance security for the completed Fox Valley Apartment- Lincoln School Subdivision, 2021.267, 641 S Lake Street in Aurora, Illinois Ward 4
PURPOSE:
To accept the public improvements installed by the Developer of this project and to approve the establishment of the required, one year, 20% maintenance security for these improvements.
BACKGROUND:
This is a commercial development that reconstructed an existing school building into apartments in Aurora which included public improvements. In accordance with Section 43-55(a)(3) of Aurora's Municipal Code, the Developer of the Project posted a security to ensure completion of these proposed public improvements including, pavement patches, driveway approach, sidewalk and curb for the site.
DISCUSSION:
This development has now completed all installations, inspections and submissions that make it eligible to be recommended by the Engineering Division for final acceptance of these improvements and for the Developer to establish the required one year maintenance security. As required by Section 43-103(c) of the Municipal Code, the Engineering Division has reviewed, approved and filed as-constructed record plans of the development which depict these public improvements and has completed and approved a final site inspection of said improvements via our onsite consultant. Based on our review and approved site inspection, it is recommend by the Engineering Division, that City Council accept the public improvements, as well as; require as a condition of this acceptance that the developer submit the required one year maintenance security at a value of 20% of the original developments security.
IMPACT STATEMENT:
This action adds or replaces public infrastructure - utilities to various divisions for maintenance, including the Str...
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