Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - September 9, 2014
REVISED September 9, 2014 - Regular Meeting
Agenda Item #70

Bonds - Hope Landing - Release Defect Security Agreement, Release 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 Agreement in Conjunction with Surety Bond (Attachment "A") as Defect Security Warranting Required Improvements – Infrastructure Improvements; and
  • Release Surety Bond No. 1060129, and any Riders Associated with this Surety Bond, in the amount of $26,299.78.

Enabling/Regulating Authority

Background Discussion
On June 2, 2011, the Board of County Commissioners accepted a defect security agreement warranting improvements which would be County maintained.  These improvements passed the inspection conducted by the Public Works Infrastructure Inspections Division on June 20, 2014.  The release of the agreement and security could not be placed on an agenda until closer to the expiration of the three (3) year agreement.

County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other

Reviewing Attorney

Instructions to Board Records

Please provide confirmation of the action taken on this item to jane.oliver@mymanatee.org.

Cost and Funds Source Account Number and Name

Amount and Frequency of Recurring Costs