www.mymanatee.org
Manatee County Government Administrative Center First Floor, Commission Chambers 10:00 a.m. - April 22, 2014
REVISED April 22, 2014 - Regular Meeting
Agenda Item #34


Subject
Bonds - Harrison Ranch, Phase IIA - Release Defect Security Agreement, Release 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
  • Release Agreement in Conjunction with Surety Bond (Attachment "A") as Defect Security Warranting Required Improvements .
  • Release Surety Bond No. 1054964 and any associated Riders in the amount of $88,452.51.


Enabling/Regulating Authority
N/A

Background Discussion

On April 26, 2011, the Board of County Commissioners accepted a defect security agreement warranting improvements which would be County maintained.  These improvements passed the inspection conducted by the Public Works Infrastructure Inspections Division on February 7, 2014.  The release of the agreement and security could not be placed on an agenda until closer to the expiration of the three (3) year agreement, April 14, 2014.



County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records
N/A

Cost and Funds Source Account Number and Name
N/A

Amount and Frequency of Recurring Costs
N/A