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Manatee County Government Administrative Center First Floor, Commission Chambers 10:00 a.m. - April 22, 2014
April 22, 2014 - Regular Meeting
Agenda Item #25


Subject
Bonds - Central Park, Subphase Caa - Accept Private Extension Agreement, Accept Surety Verification Certificate

Briefings
None

Contact and/or Presenter Information

Carmen Mosley, Sr. Fiscal Services Manager, 708-7450, Ext. 7209

Jane Oliver, Fiscal Analyst, 708-7450, Ext 7613



Action Requested
  • Release Required Improvements Agreement and Temporary Construction Easement for Private Improvements - Final Lift of Asphalt;
  • Accept, Execute, and Record Required Improvements Agreement and Temporary Construction Easement for Private Improvements - Final Lift of Asphalt with Central Park LIfestyles, LLC;
  • Accept Surety Bond No. 5039284 Verification Certificate in the Amount of $41,393.96


Enabling/Regulating Authority
N/A

Background Discussion

The developer has requested an extension on the final lift of asphalt agreement to prevent marring of the roadway while the project is under construction.  The Public Works Department has reviewed the request and is in agreement with the Developer.

This agenda item is to extend the agreement and security to ensure the developer is not in default with the agreement previously provided.  Per Resolution R-14-02 adopted March 25, 2014, we will contact the developer to obtain a new Engineer of Record’s cost estimate reducing this private improvements agreement to the approved 130%.



County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records
  1. Please contact Jane Oliver at Ext. 7613 when all original, executed documents are ready for pickup
  2. Payment for recording fees ($35.50) to be provided by the developer.


Cost and Funds Source Account Number and Name
N/A

Amount and Frequency of Recurring Costs
N/A


Attachment:  Central Pk Caa Agreement.pdf
Attachment:  Central Pk Caa Surety Verification.pdf