Title
a. Accept as complete a further portion of East Garrison Subdivision Phase 1 Infrastructure Improvements, including off-site and on-site erosion control, and off-site street improvements;
b. Approve the release of the balance of Faithful Performance and Labor and Material Bonds related to said improvements (Bond No. 5026101 in the total amount of $1,093,500 and Bond No. 502126 in the total amount of $115,500) in accordance with Government Code section 66499.7 after the passage of time for recording claims or liens;
c. Retain Faithful Performance and Labor and Material Bonds No. 5026132 in the total amount of $1,174,500 pending completion of the improvements related to that bond; and
d. Accept Maintenance Bond No. 0196964 in the amount of $161,200 for the accepted improvements.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Accept as complete a further portion of East Garrison Subdivision Phase 1 Infrastructure Improvements, including off-site and on-site erosion control, and off-site street improvements;
b. Approve the release of the balance of Faithful Performance and Labor and Material Bonds related to said improvements (Bond No. 5026101 in the total amount of $1,093,500 and Bond No. 502126 in the total amount of $115,500) in accordance with Government Code section 66499.7 after the passage of time for recording claims or liens;
c. Retain Faithful Performance and Labor and Material Bonds No. 5026132 in the total amount of $1,174,500 pending completion of the improvements related to that bond; and
d. Accept Maintenance Bond No. 0196964 in the amount of $161,200 for the accepted improvements.
SUMMARY
The recommended actions will allow the County to accept as complete and release the bonds for a further portion of the balance of the East Garrison Phase 1 infrastructure improvements that were deferred and completed in conjunction with the Phase 2 tract improvements.
DISCUSSION:
On June 22, 2007 t...
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