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Date
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May 7, 2007
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Agenda
Item No. 16 Roll
Call No. 07- Communication
No. 07- 256 Submitted
by: Larry Hulse, Community Development Director |
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AGENDA
HEADING:
Approving
Bond Reduction for Carman Estates Plat 3.
SYNOPSIS:
Recommend
approval of the partial release of the required surety for the bond for
sidewalks. Staff recommends that the bond of $19,538 be reduced to $8,828
because of partial completion of the required infrastructure in the plat area
as determined by the Engineering Department.
FISCAL
IMPACT: NONE
ADDITIONAL
INFORMATION:
The
City Council on December 8, 2003, approved the original bond for infrastructure
improvements in the amount of $19,538.
The developer, Silver Oak, L.L.C., Ron Grubb, Principal,
PREVIOUS
COUNCIL ACTION(S):
Date: June 6, 2005
Roll
Call Number: 05-1382
Action: Approving final Subdivision Plat entitled
CARMAN ESTATES PLAT 5, located north of
Date: August 22, 2005
Roll
Call Number: 05-2045
Action: Approving
final plat entitled CARMEN ESTATES PLAT 4 in vicinity east of
BOARD/COMMISSION
ACTION(S):
Date: May 17, 2002
Roll
Call Number: N/A
Action: Plan
and Zoning Commission Approved the Preliminary Plat for Carman Estates.
ANTICIPATED
ACTIONS AND FUTURE COMMITMENTS:
Release of the surety once all the improvements have
been completed.