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2004-08-06 Application for Payment No. 1 -- WestWood professional Services, Inc. "T Application for Payment No.1 CPDC _ Albertville - Towne Lakes 5th Addition 7599 Anagram Drive Eden Prairie, MN 55344 (952) 937~51S0 OWNER'S PROJECf#: NlA ENGlNEER'SPRO~ct#:~3~.05 CONTRACfOR: JIennen Consln1ction . CON'fRACf FOR: Utilities and Street Construction CONTAACf DATE: August 6,2004 FOR WORK ACCOMPUSHED THROUGH TIlE D^ TE OF: Seplem~er 25. 2004 STATEMENT OF WORK: Original ConItaC\ Amount Net Change Orders (dull No. 0) Cunent Coptnlct Amount 1;149,193.03 0.00 1,149.193.03 CONTRACTOR'S CERTlFlCATION: Total Amount Due Less AmOUDt Retained (5%) Amount Duc [0 Date Previous Payments Recommeuded Amount Due This Application 213.825.00 10,691.25 203,133.75 0'.00 103,133.15 The undersigned CONTRAcrOR certifies that: (1) aU previous progress payments received frOIl1 OWNER on accOunt of work done under the Contract referred to above have been applied to discharge in fUll all obligations of CONTRACTOR incurred in eonnection with Worlc covered by prior Applications o.CPaymenl numbered I through I inclusive; and (2) title to all work, materials and equipment incorporated in said Work or. otherwise listed in, or covered by this Application for Payment will pass to oWNER at time of payment free aud clear of all liens, claims. &eC\lr1ty. intereSt and encumbrances (except such IS are covered by aond acceptable to OWNER indemnifying OWNER against any such lien, claim, seCurity interest or eocumbnmce); and (3) all Work covered by this Application for PayJllcnt in accordance \Vilh the Contract Documents and not def~tive as that term is defsned in the Contract Documents. Dated to-I'd- ,20~ ENGINEER'S RECOMMENDATION; Hennen Construction Co (Contractor) By: ~~_~ d-~ ~ ~- This application (with accompanying documentation) meets the requiren1ents oftbe Contract Documents and payment oflhe above AMOUNT DUE nus A}lPUCA nON is recommended. 10.//1- , 20~ Dated . Pit)' Swm....Q': . PiJy Application JI/o. 1 203,133.75 Tolar 10 Date 203,133.75 WESTWOOD PROFESSIONAL SERVICES, INC. (Engineer) - , BY:~~ By: :; <( u C ~ . '" 0 2 t: 0 Q) ::> N' -eU M ~15 ...- 0 ~ <: 0 ~ ~ ::> U .. c o ::> .\: 0 ll. 1= ..;;: 2 ... -g~ 81~ ~Ci o - ~ .g ll. B Q) ., os 0 0 2 0 C l- . ::J Q) 0 1= Q) .;;: i5 E B 0 U ., 0 ~ 0 01- ~ ?i Ci C ::J 0 ci 1= Z 0 .;;: c ~ .2 c c 10 U _2 a. 0- f:, <( >- U l'O Q. - Q) 'c u ::> .;::: ll. "0 "0 <( .r::. iO f/) Q) ~ l'O -I Q) c 3: o I- 'c ::> E ~ <5 0.. r:.. N r=::: Vi \ci 0.. . ' - 00 - - 00 N V; r=::: 0' o. ~ ~ 00 <:::> <'l . 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Q) ~ .s ~ lI.l <II ~ ~~ ~ stei -..... ... ~ >- I: <II CO ... g:::J5~ViVi ~'3'3] ~SS.s ;J.g.g.g lI.lll.lll.lll.l N 00 ...; - M c::> c::> vi N CO ...; - M ... c::> ,.j Q\ - ~ "<t - .... <; - CO - .0 ::So lI.l ...1 < ~ o ~ curbing as required by this subparagraph, Developer may, at its expense, install sod no less than three feet in width in back of all curbing, provided that if, in the judgment of the City Engineer, the installation of silt fencing in one or more places is needed, the Developer shall install such silt fencing at its expense upon request by the City Engineer. D. Notwithstanding the requirements of subparagraphs 2C and 4A above and except as otherwise provided in this Agreement, the Developer shall install to the City's satisfaction improvements for each lot or parcel prior to the date that a certificate of occupancy (temporary or permanent) is issued by the City for a building located on thelot, unlessthe certificate of occupancy is issued after October 1 stand before March 30th in any given year, in which case a certificate of occupancy shall be issued with the requirement that the Developer be required to install said on-and off-site items for such lotbythe following June 30th. E. Developer shall install storm water retention/water quality ponds and basins upon the Development as shown on the Grading, Drainage and Erosion Control Plan attached as Exhibit E. Said ponds and basins shall be dedicated to the City, and Developer shall provide the City with perpetual drainage easements over such ponds. Said retention ponds and basins shall be installed prior to the installation of utilities. 5. Intended Use of Subdivision Lots. A. It is the Developer's and City's intent that a total of 61 single family and detached town home residential units be constructed on the 60 residentially zoned lots being fmal platted as numbered lots and blocks in Said Plat, with one dwelling unit per numbered lot, except Lot 14, Block 4 on which a two-family attached dwelling may be constructed, provided the City Council first approves the site plan for such two family attached dwelling prior to its construction. Developer agrees that it shall not construct any dwelling units other than the above referenced dwelling units on the land in Said Plat. -1.-. ~ 6. Surety Requirements. A. Developer will provide the City with an irrevocable letter of credit (or other surety as approved by the City Attorney) as security that the obligations of the Developer under this contract shall be performed. Said letter of credit or surety shall be in the amount of $1 ,392,861.45 7 . ' . representing the sum of 100% of the estimated cost of the Municipal Improvements ($1,133,068.45), 50% of the on and off-site improvements ($36,000.00), and 150% of the estimated cost for landscaping/screening materials ($223,792.00). Said letter of credit or surety must meet the approval of the City attorney as to form and issuing bank. B. The City may draw on said letter of credit or surety to complete work not performed by Developer (including but not limited to on- and off- site improvements, Municipal Improvements described above, erosion control, and other such measures), to pay liens on property to be dedicated to the City, to reimburse itself for costs incurred in the drafting, execution, administration or enforcement of this Agreement, to repair or correct deficiencies or other problems which occur to the Municipal Improvements during the warranty period, or to otherwise fulfill the obligations of Developer under this agreement. C. In the event that any cash, irrevocable letter of credit, or other surety referred to herein is ever utilized and found to be deficient in amount to payor reimburse the City in total as required herein, the Developer agrees that upon being billed by the City, Developer will pay within .thirty (30) days of the mailing of said billing, the said deficient amount. If there should be an overage in the amount of utilized security, the City will, upon making said determination, refund to the Developer any monies which the City has in its possession which are in excess of the actual costs of the project as paid by the City. D. Developer hereby agrees to allow the City to specially assess Developer's property for any and all costs incurred by the City in enforcing any of the terms of this agreement should Developer's letter of credit or surety prove insufficient or should Developer fail to maintain said letter of credit or surety in the amount required above within 30 days of mailing of written request by the City. E. That portion of said cash, irrevocable letter of credit or other surety with respect to the performance of Site Improvements shall be released upon certification of the City Engineer and approval of the City Council that all such items are satisfactorily completed pursuant to this Agreement. " . F. In the event a surety referred to herein is in the form of an irrevocable letter of credit, which by its terms may become null and void prior to the time at which all monetary or other obligations of the Developer 8