www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - June 17, 2014
June 17, 2014 - Regular Meeting
Agenda Item #65


Subject
Bonds - Harrison Ranch Phase IIB 5A - Accept Defect Security Agreement, Accept Surety Bond

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
  • Accept, Execute, and Record Agreement in Conjunction with Surety Bond (Attachment "A") as Defect Security Warranting Required Improvements– Infrastructure with Pulte Home Corporation; and
  • Accept Surety Bond No. 1102069 in the Amount of $177,486.05.


Enabling/Regulating Authority
N/A

Background Discussion

On August 25, 2009, the Board of County Commissioners accepted a Required Improvements Agreement securing infrastructure improvements for Harrison Ranch Phase IIB-5.  Since that time Manatee County accepted an FSP modification splitting Phase IIB-5 into two separate parcels, 5A and 5B.  This modification was approved on January 9, 2014.

The developer has provided all necessary documentation and completed and passed all inspections for those required public improvements  for IIB 5A.  Therefore, the performance agreement (public) will be reduced to secure the remaining required improvements for Harrison Ranch Phase IIB 5B; and a defect security agreement accepted for the public infrastructure improvements for Harrison Ranch Phase IIB 5A.



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:  Harrison Rch 2B 5A Defect Agree.pdf
Attachment:  Harrison Rch 2B 5A Surety Bond.pdf