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TO: Mayor Richard C. Irvin
FROM: Jason Bauer, P.E. - Asist. Dir. Public Works - Assist. City Engineer
DATE: April, 28th 2020
SUBJECT:
A Resolution for Security Reduction No. 1 for Meadow Ridge Subdivision - COA Case No. 19.100. Pulte Developement
PURPOSE:
To accept Security Reduction No. 1 for Meadow Ridge Subdivision.
BACKGROUND:
In accordance with Section 43-55(a)(3) of the Municipal Code, the Developer of the Project posted a security to ensure completion of the proposed public improvements. Subsection “d” allows City Council to reduce this security as work progresses’ in the development. The Developer has requested such a reduction in the security and has provided a certified estimate of costs that has been reviewed and confirmed by the COA Engineering Department and site inspection. Therefore, I recommend that Reduction No. 1 for this security be approved by City Council.
DISCUSSION:
This development has completed installation and inspection, of a portion of these public improvements that make it eligible to be recommended for this security reduction.
IMPACT STATEMENT:
At this time, this action will not add any new public infrastructure /utilities to various divisions for maintenance, including streets, water, storm, sanitary, electrical, storm water management, fiber optic.
RECOMMENDATIONS:
Approve Security Reduction No.1 for Meadow Ridge Subdivision.
cc: Building, Grounds and Infrastructure Committee
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
title
A Resolution approving Security Reduction No.1 for Meadow Ridge Subdivision.
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WHEREAS, the City of Aurora has a population of more than 25,000 persons and is, therefore, a home rule unit under subsection (a) of Section 6 of Article VII of the Illinois Constitution of 1970; and
WHEREAS, subject to said Section, a home rule unit may exercise any power and perform any function pertaining to its government and affairs for the protection of the public health, safety, morals, and welfare; and
WHEREAS, Pulte Home Company, LLC has completed a portion of the public improvements for said project; and
WHEREAS, these said improvements have been inspected during construction by the Engineering Department, or their authorized representative, and were found to be in substantial conformance with the approved plans, and the Developer's Engineer has provided a Certified Engineer's Cost Estimate that has been reviewed and confirmed by Engineering staff and our field consultants as correct, and
WHEREAS, the City Engineer has recommended approval of this Security Reduction No.1 for Meadow Ridge Subdivision to a new reduced total of $ 676,222.00,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Aurora, Illinois, as follows: that Security Reduction No.1 for Meadow Ridge Subdivision be approved and accepted to the new reduced total of $676,222.00.