Manatee County Government Administrative Center Honorable Patricia M. Glass Chambers, First Floor 9:00 a.m. - October 8, 2019
October 8, 2019 - Regular Meeting
Agenda Item #44

Bonds - Altman Tract Parcel #4 - Accept Bond Rider


Contact and/or Presenter Information
Carmen Mosley, Sr. Fiscal Services Manager - 708-7450, Ext. 7209

Alissa Powers, Environmental Program Manager - 748-4501, Ext. 1892

Brandy Wilkins, Bond Coordinator - 708-7450, Ext. 7215

Action Requested
Accept Surety Bond Rider No. 08941618 in accordance with Ordinance 04-39 for the five-year period of the Operating Permit Resolution R-19-058; decreased amount from $759,500.00 to $10,000.00.

Enabling/Regulating Authority

Background Discussion
The Parks and Natural Resources Department (PNRD) has reviewed the following:

Decreased Surety Rider Bond amount for Altman Tract Parcel #4. It has been determined that the amount of $10,000.00 is sufficient to secure the mining requirements at Altman Tract Parcel #4 for the five-year period of Operating Permit R-19-058.

County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other
The General Surety Bond is determined based on the acres of land to be disturbed during the 5-year term of the Operating Permit. Because mining is completed on the Altman Tract – Parcel #4, land has already been disturbed and is covered under the Reclamation Surety Bond. No additional land is anticipated to be disturbed during this Operating Permit. However, sometimes small areas may be re-disturbed due to unforeseen circumstances (such as relocation of infrastructure).

Reviewing Attorney

Instructions to Board Records
  1. Please contact Brandy Wilkins at brandy.wilkins@mymanatee.org when documents are ready for pick-up.
  2. Provide copy of executed documents to Alissa Powers at alissa.powers@mymanatee.org.

Cost and Funds Source Account Number and Name

Amount and Frequency of Recurring Costs

Attachment:  Altman Tract Parcel 4 Surety Bond Rider.pdf