www.mymanatee.org
Manatee County Government Administrative Center First Floor, Commission Chambers 10:00 a.m. - April 22, 2014
April 22, 2014 - Regular Meeting
Agenda Item #37


Subject
Bonds - Rangeland Parkway Station 66+98 to Station 80+90 - Accept Defect Security Agreement and Surety Bond

Briefings
None

Contact and/or Presenter Information

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

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



Action Requested
  • Accept, Execute, and Record Agreement in Conjunction with Surety Bond (Attachment "A") as Defect Security Warranting Required Improvements - Water, Wastewater, Paving, and Stormwater with SMR North 70, LLC; and
  • Accept, Execute, and Record Surety Bond No. 1025782  in the amount of $59,150.10.


Enabling/Regulating Authority
N/A

Background Discussion

In order for Manatee County to accept the water, wastewater, paving, and stormwater for Rangeland Parkway Station 66+98 to Station 80+90, the Developer is required to provide an agreement and security that will warranty these improvements for three (3) years.



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 Extension 7613 when all original, executed documents are ready for pickup
  2. Payment for recording fees ($69.50) 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:  Rangeland Parkway Agreement.pdf
Attachment:  Rangeland Parkway Surety.pdf