Cypress Cay Preserve fka The Reserve at Grand Cypress Accept the plat for recording for Cypress Cay Preserve fka The Reserve at Grand Cypress, located in Section 32, Township 27, and Range 19, and grant permission to the Development Review Division of Development Services Department to administratively accept the Improvement Facilities (roads, drainage and sidewalks) for Maintenance upon proper completion, submittal and approval of all required documentation. Also provide the administrative rights to release the performance securities for construction and lot corners upon final acceptance by the Development Review Division of Development Services Department and also provide the administrative rights to release the warranty security upon expiration of the warranty period, warranty inspection and correction of any failure, deterioration or damage to the Improvement Facilities. Accept a Performance Check in the amount of $1,517,011.10, a Warranty Check in the amount of $116,597.54, and authorize the Chairman to execute the Subdivider's Agreement for Construction and Warranty of Required Improvements. Also accept a Performance Check for Placement of Lot Corners in the amount of $1,875.00 and authorize the Chairman to execute the Subdivider's Agreement for Performance - Placement of Lot Comers.

Consent Agenda Passed Introduced December 21, 2021

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