www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - July 29, 2014
REVISED July 29, 2014 - Regular Meeting
Agenda Item #61


Subject
Bonds - Oakleaf Hammock, Phase IV C - Accept Private Improvements Extension Agreement, Accept Surety Bond Rider

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 – Recreation Amenities (private); and
  • Accept and Execute Required Improvements Agreement and Temporary Construction Easement for Private Improvements - Recreation Amenities with The Ryland Group, Inc.; and
  • Accept Surety Bond Rider No. 8881755 in the amount of $245,212.50.


Enabling/Regulating Authority
N/A

Background Discussion

On June 19, 2007, the Board of County Commissioners accepted a Required Improvements Agreement and Temporary Construction Easement for Private Improvements for the recreation amenities for Oakleaf Hammock Phase IV, in the amount of $1,069,352.18.  On April 29, 2013, The Ryland Group revised the Final Site Plan to reflect Phases A, B, & C.  Phases A and B are complete and are able to be released. Phase C, however, is still under construction.

The developer has requested an extension and reduction for the private improvements for Phase IV-C.  The developer has started building the required improvements for this Phase and is requesting this action in order to complete the remaining required private improvements.  The Public Works Department has reviewed the request and is in agreement with the developer's request.



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 Extension 7613 when all original, executed documents are ready for pick-up.



Cost and Funds Source Account Number and Name
N/A

Amount and Frequency of Recurring Costs
N/A


Attachment:  Oakleaf Hammock Ph 4C Pvt Ext Agree.pdf
Attachment:  Oakleaf Hammock Ph 4C Surety Rider.pdf