Waterset Wolf Creek Phase B PI#5502 Accept the plat for recording for Waterset Wolf Creek Phase B, located in Section 27, Township 31, and Range 19, and grant permission to the Development Review Division of Development Services Department to administratively accept the Improvement Facilities (roads, drainage, water, wastewater and reclaimed water) 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 Bond in the amount of $6,930,752.71, a Warranty Bond in the amount of $509,469.92 and authorize the Chairman to execute the Subdivider's Agreement for Construction and Warranty of Required Improvements. Also accept a Performance Bond for Placement of Lot Corners in the amount of $22,750.00 and authorize the Chairman to execute the Subdivider's Agreement for Performance - Placement of Lot Corners. School Concurrency does not apply as the project is a deed-restricted 55+ Development.

Committee

BOCC Land Use

Introduced

July 19, 2023

On agenda

September 12, 2023

Passed

September 12, 2023