25-0032
Department of Transportation recommending the Board consider the following: 1) Accept the road improvements for the Bass Lake North Off-Site Bike Path, TM14-1522 / PD14-0010, as complete; 2) Reduce Performance Bond K40408861 from $806,474.67 to $80,647.47, which is ten percent of the total cost of the road 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 K40408861 in the amount of $806,474.67 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, Bass Lake Hills Specific Plan Public Facilities Financing Plan.
- Committee
- Board of Supervisors
- Requested by
- Transportation
- Introduced
- December 17, 2024
- On agenda
- January 14, 2025
- Passed
- January 14, 2025
Where it was heard
Board of SupervisorsWatch El Dorado County
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