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

Bonds - Woodbrook Phase 3A and 3B - Release Performance Agreement, Release Surety Bond - Accept Defect Agreement, Accept Surety Bond


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

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

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

Amount and Frequency of Recurring Costs

Attachment:  Woodbrook Ph 3A & 3B Defect Agree.pdf
Attachment:  Woodbrook Ph 3A & 3B Surety.pdf