www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - May 20, 2014
REVISED May 20, 2014 - Regular Meeting
Agenda Item #53


Subject
Bonds - Woodbrook Phase 3A and 3B - Release Performance Agreement, Release Surety Bond - Accept Defect 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
  • Release Required Improvements Agreement – Water, Wastewater Utilities, and Off-Site Turn Lane; and
  • Release Surety Bond No. 1083931 and any Riders associated with this Surety Bond in the amount of $226,650.26; and
  • Accept, Execute, and Record Agreement in Conjunction with Surety Bond (Attachment "A") as Defect Security Warranting Required Improvements – Water, Wastewater Utilities, and Off-Site Turn Lane; and
  • Accept, Execute, and Record Surety Bond No. 1100266 in the amount of $15,366.74.


Enabling/Regulating Authority
N/A

Background Discussion

On June 18, 2013, the Board of County Commissioners accepted a performance agreement securing water, wastewater utilities, and off-site turn lane improvements.  The developer has provided all necessary documentation and completed and passed all required public improvements in order to release the performance (public improvements) and accept a defect security agreement for the public water, wastewater utilities, and off-site turn lane improvements for this project.



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 ($69.50) 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:  Woodbrook Ph 3A & 3B Defect Agree.pdf
Attachment:  Woodbrook Ph 3A & 3B Surety.pdf