|Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - May 20, 2014|
Agenda Item #44
Bonds - Country Lane Mobile Home Park - Accept Letter of Credit Amendment
Contact and/or Presenter Information
Carmen Mosley, Sr. Fiscal Services Manager, 708-7450, Ext. 7209
Jane Oliver, Fiscal Analyst, 708-7450, Ext 7613
The Agreement for Warranting the Required Wetland Mitigation System for Country Lane Mobile Home Park (a/k/a Cabin Creek Mobile Home Park) was accepted by the Board of County Commissioners June 24, 2008. This project has a valid FSP which, by the Land Development Code, must remain in place until plantings remain successful for a period of five (5) years. The Letter of Credit Amendment confirms funds are secure and the agreement remains compliant with the Section of the Code.
This agenda item is to extend the agreement and security to ensure the developer is not in default with the agreement previously provided. Per Resolution R-14-02 adopted March 25, 2014, we will contact the developer to obtain a new Engineer of Record’s cost estimate reducing this private improvements agreement to the approved 130%.
County Attorney Review
Not Reviewed (No apparent legal issues)
Explanation of Other
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
Amount and Frequency of Recurring Costs
Attachment: Country Lane MHP Letter of Credit Amend.pdf