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Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - November 7, 2017
November 7, 2017 - Regular Meeting
Agenda Item #43


Subject
Bonds - Logue Road Borrow Pit Bonding

Briefings
None

Contact and/or Presenter Information

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

Alissa Powers, Environmental Program Manager - 748-4501, Ext. 1892

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



Action Requested
  • Release Agreement in Conjunction with Surety Bond(s) as Security Insuring Compliance with Site Reclamation, Haul Route Restoration and Bridge Repair;
  • Release and return Surety Bond 3300309 issued through FCCI Insurance Co. in the amount of $129,780.30;
  • Release and return Surety Bond 3300310 issued through FCCI Insurance Co. in the amount of $92,250.00;
  • Accept and Execute Agreement in Conjunction with Surety Bond(s) as Security Insuring Compliance with Site Reclamation, Haul Route Restoration and Bridge Repair;
  • Accept and Execute Surety Bond No. 3300573 issued through FCCI Insurance Co. in the amount of $129,780.30;
  • Accept and Execute Surety Bond No. 3300574 issued through FCCI Insurance Co. in the amount of $92,250.00.


Enabling/Regulating Authority
N/A

Background Discussion

ETS Realty1, LLC, has purchased the Logue Road borrow pit and is processing a transfer of earthmoving site plan with the Building and Development Services Department and a transfer of Operating Permit with the Parks and Natural Resources Department.  As part of the operating permit requirements ETS Realty1, LLC, has obtained the Surety Bond for Site Reclamation ($129,780.30) and the Surety Bond for Haul Route Restoration and Bridge Repair ($92,250.00).  The surety bonds together with the Agreement in Conjunction with Surety Bonds(s) as Security Insuring Compliance with Site Reclamation, Haul Route Restoration and Bridge Repair have been reviewed by County staff and have been determined to meet the requirements of the Manatee County Land Development Code, Section 702.



County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records
  1. Contact Jane Oliver when documents are ready for pickup, jane.oliver@mymanatee.org.
  2. Provide Alissa Powers copy of executed agreement/surety bonds at alissa.powers@mymanatee.org.


Cost and Funds Source Account Number and Name
N/A

Amount and Frequency of Recurring Costs
N/A


Attachment:  Logue Road Borrow Pit Agreement.pdf
Attachment:  Logue Rd Borrow Pit SB-2.pdf