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 #52


Subject
Bonds - Heritage Harbour, Subphase J, Unit 1 - Accept Defect Security Letter of Credit Amendment

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 Letter of Credit No. FGAC-13050 Amendment No. 1, associated with a Defect Security Agreement in the amount of $4,015.10.


Enabling/Regulating Authority
N/A

Background Discussion

On June 6, 2013, the Board of County Commissioners accepted the Agreement Warranting Required Improvements for sewer and water utilities to be County maintained.  In order for Manatee County to accept these utilities, a defect security agreement warranting these improvements must remain in place for three (3) years from Board acceptance.  This Amendment will extend the expiration date of Letter of Credit FGAC-13050 to August 19, 2015, keeping the developer in compliance with the Manatee County Land Development Code.



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:  Heritage Harbour J Unit 1 Amendment.pdf