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24-0858

Department of Transportation recommending the Board: 1) Accept the subdivision improvements for Bass Lake North, TM 14-1522 / PD 14-0010, as complete; 2) Hold Performance Bond SU1184163 in the amount of $431,609.50, which is ten percent of the total cost of the subdivision improvements. This amount guarantees against any defective work, labor done, or defective materials furnished, which is to be released after one year if no claims are made; 3) Hold Laborers & Materialmens Bond SU1184163 in the amount of $2,158,047.50 for six months to guarantee payments to persons furnishing labor, materials, or equipment; and 4) Authorize the Clerk of the Board to release the respective Bonds after the required time periods upon written request by Transportation. (District 1) FUNDING: Developer Funded.

Agenda Item Approved Introduced May 1, 2024
Committee
Board of Supervisors
Requested by
Transportation
Introduced
May 1, 2024
On agenda
October 15, 2024
Passed
October 15, 2024

Where it was heard

Board of Supervisors Oct 15, 2024 Approved Pass