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Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - September 9, 2014
September 9, 2014 - Regular Meeting
Agenda Item #69


Subject
Bonds - Heritage Harbour, Subphase J, Unit 2 - Accept Water and Wastewater Defect Agreement, Accept Letter of Credit

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, Execute, and Record Agreement Warranting Required Improvements – Water and Wastewater Utilities with Lennar Homes, LLC; and
  • Accept and Execute Letter of Credit No. FGAC-14032 in the Amount of $125,033.91.


Enabling/Regulating Authority
N/A

Background Discussion
On November 5, 2013, the Board of County Commissioners accepted a private improvements agreement which secured public water and wastewater utilities among other private improvements.  The developer has provided all necessary documentation and completed and passed all inspections for all private and public improvements.  In order to release the private improvements agreement securing private earthwork, roadways, drainage, irrigation, and landscape the developer must provide to Manatee County a defect security agreement for the water and wastewater utility improvements.

This agenda item accepts the developer's obligation to warrant the water and wastewater utilities for the required three year term.


County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records
  1. Please provide confirmation of the action taken on this item to jane.oliver@mymanatee.org.
  2. Please contact Jane Oliver at Ext. 7613 when all original, executed documents are ready for pickup.
  3. Payment for recording fees ($27.00) 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:  Heritage Harbour Subph J Unit 2 Defect Agree.pdf
Attachment:  Heritage Harbour Subph J Unit 2 LOC.pdf