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Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - July 29, 2014
July 29, 2014 - Regular Meeting
Agenda Item #48


Subject
Bonds - Crossing Creek Village, Phase II A - Accept Private Improvements Extension Agreement, Accept 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 – Landscape, Wetland Buffer Enhancements; and
  • Accept and Execute Required Improvements Agreement and Temporary Construction Easement for Private Improvements – Landscape, Wetland Buffer Enhancements with Centex Homes; and
  • Accept Surety Bond No. 59BSBGL2810 Verification Certificate, in the amount of $347,580.13.


Enabling/Regulating Authority
N/A

Background Discussion

The developer has requested an extension on the landscape wetland buffer enhancements, which will be privately maintained.  The developer has started building the infrastructure for the development and is requesting the extension in order to complete those required private improvements.  The Public Works Department has reviewed the request and is in agreement with the developer's request.

This agenda item is to extend the agreement and security to ensure the developer is not in default with the agreement previously provided.  The developer has been notified of Resolution R-14-02 and has declined to reduce to the 130%, stating the process to reduce would not be justified by the premium savings.



County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records

Please contact Jane Oliver at Ext. 7613 when all original, executed documents are ready for pickup.



Cost and Funds Source Account Number and Name
N/A

Amount and Frequency of Recurring Costs
N/A


Attachment:  Crossing Ck Vil 2A Pvt Ext Agree.pdf
Attachment:  Crossing Ck Vil 2A VC.pdf