20058-01-07 Extended Completion Dates
esC::>L -rC::>N &. ~ E: N K., I N<::::@
Consulting Engineers & Surveyors
7533 Sunwood Drive NW . Ramsey, MN 55303
Phone (763) 433-2851 . Fax (763) 427-0833
www.bolton-menk.com
January 7,2008
Mr. Larry Kruse, City Administrator
City of Albertville
5959 Main Avenue NE, P. O. Box 9
Albertville, MN 55301
RE: Towne Lakes 6th Addition
Development Agreement Amendment - Extended Completion Dates
Honorable Mayor and City Council:
As you aware, this past year ownership of the Towne Lakes 6th Addition was turned over to M&I Bank.
Since acquiring the property, M&I and its representatives have diligently worked with Staff to achieve
compliance with the terms ofthe development contracts. To date, the Bank has renewed the required
Letter of Credit and has appointed management groups to maintain and market the properties.
Currently the Bank is seeking an extension to the completion dates as specified in the Addition's Planned
Unit Development Agreement. This agreement requires all municipal and on-and off-site improvements
be complete by October 31 st, 2006, unless otherwise approved by the City. Although a large portion of
the required improvements are in place, numerous required improvements have yet to be completed. In
general, outstanding improvements include: placement of the wear course on the public streets,
construction of the private drives, landscaping and lighting, utility adjustments, and completion of the
trunk municipal utility systems through Outlot B.
Of the outstanding improvements, the placement of the wear course on Linwood Avenue NE and 69th
Street NE and the construction of the trunk watermain raise the most concern. The first lift of pavement
was placed on both Linwood A venue and 69th Street in 2006 and is currently sufficient for the traffic
volumes ofthe roads. However, as the area continues to develop, specifically the Shoppes of Towne
Lakes additions, the second and final lifts will be necessary to prevent premature failure ofthe roadway.
Also, from a maintenance perspective, the final lift of pavement provides for a more manageable road
surface.
Another requirement of the 6th Addition is the extension of trunk water to the easterly plat boundary. This
extension is necessary to loop the Hunter's Pass Additions into the municipal water system and provide
an alternate feed to assure continuous flows. Hunter's Pass is currently connected to the municipal water
system by a main that crosses Hunter's Lake and is connected to the watermain in the Towne Lakes 2nd
Addition. Although water supply to Hunter's Pass is sufficient, without being looped into the municipal
system, the Addition is very susceptible to water outages and/or reduced flows should a watermain break
occur. If a break were to occur in the portion of main that lies beneath the lake, residents could be
without water for a significant period of time.
DESIGNING FOR A BffiER TOMORROW
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