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Agenda Section: VT I T-5 CITY OF NEW BRIGHTON Report Number: 9 7-7 71 REQUEST FOR COUNCIL CONSIDERATION Report Date: December 18, 1997 ITEM DESCRIPTION PURCHASE AGREEMENT AND CONSTRUCTION PLANS AND SPECIFICATIONS FOR BRIGHTON CORPORATE PARK III, CONTRACT #1 (HYPRO POND) DEPT. HEAD'S APPROVAL: MANAGER'S REVIEW/RECOMMENDATION: No comments to supplement this report Comments attached EXPLANATION/SUMMARY (attach supplemental sheets as necessary) The purpose of this item is to obtain Council approval of: 1)a purchase agreement with Hypro Corporation for an easement for the construction of the storm water storage pond, and 2)plans and specifications for the construction of the storm water storage pond and authorization to advertise for bids. This project is referred to as Brighton Corporate Park III, Contract#1 and has been assigned the project number 96-11. The storm water pond will be located on the northeast corner of the Hypro Corporation property on 5th Avenue NW. The work included in this contract#1 is the construction of the pond,the installation of the 36 inch storm sewer inlet, and the 12-inch storm sewer outlet. The location of the pond and storm sewers are shown on the attached map. The storm water storage pond will eliminate an existing flooding problem at the 3rd Avenue NW and County Road E2 intersection. The pond is also needed to handle storm water drainage from the phase I Donatelle building to be built on the north end of the er MacGillis and Gibbs site. The pond will be excavated below the outlet storm sewer to permanently hold water in cordance Rice Creek Watershed District standards. The pond perimeter will be gently sloped for safety and maintenance. The pond will not be fenced. A copy of the purchase agreement with Hypro Corporation is attached. The purchase price and terms of the agreement are based on the purchase of a 1.6 acre easement area for the pond for $131,770, less 24% of the construction and engineering cost of the pond and outlet storm sewer, for a total payment of not less than$106,000. The 24%of the pond construction and engineering cost represents that portion of the storage pond needed to handle storm water runoff from the Hypro property when it is fully developed. $106,000 would be paid to Hypro at the time of closing. The $25,770 difference between the easement cost and the initial payment will be held in escrow until after bids are received for the project. If the bid comes in such that the 24% Hypro share is less that$25,770,the difference would be owed to Hypro at that time. Cont. Page 2 RECOMMENDATION 1. To approve the attached purchase agreement with Hypro Corporation for the purchase of the easement needed for the storm water storage pond. 2. To approve the Plans and Specification for Brighton Corporate Park HI, Contract#1 and authorize the advertisement for bids. jea„...; p Leslie J. Proper,P.E. Director of Public Works I I:\EN G I N E ER\E N G-97-C C\R EPOR TS\BC PC NT R1.wP0