HomeMy WebLinkAbout1999 02 22 Consent Item C
COMMISSION AGENDA
ITEM C
Consent xx
Information
Public Hearin!!:
Reeular
February 22. 1999
Meeting
MGR. ~~/Pf'
REQUEST: Community Development Department, Land Development Division, requesting
the Commission approve the acceptance of the water and sewer system, the
reclaimed water system, the stormwater management system and the roads for
public ownership and maintenance, Winding Hollow Unit 5.
PURPOSE: The purpose of this Agenda Item is to accept the water and sewer system, the
reclaimed water system, the stormwater management system and the roads for
public ownership and maintenance, These improvements are located in Unit 5 of
Winding Hollow subdivision (south of State Road 434 and midway between City
Hall and the State Road 419/State Road 434 intersection).
APPLICABLE CODE:
Code Section 9-76(b) Maintenance Bond. When requesting to record a plat, for
which the improvements have been installed, inspected and approved by the City
Engineer, and when the city is being asked to accept such improvements, the
subdivider will provide a maintenance bond payable to the City guaranteeing the
performance of required and installed improvements for two (2) years after the
date of completion and acceptance by the City, executed and enforceable in the
same manner as the corporate or surety completion bond, The bonds will be ten
(10) percent of the estimated construction cost of all improvements to be owned
and maintained by the City, As an alternative to the provision of a corporate or
surety bond, the subdivider may provide the deposit of equivalent cash in an
escrow account with the City, or a letter of credit drawn on an approved
institution, drawn in a form approved by the City Attorney,
February 22, 1999
CONSENT AGENDA ITEM C
Page 2
FINDINGS: ]) Winding Hollow Unit 5 was approved for recordation by the City
Commission at their meeting of October 26, ] 998,
2) Unit 5 has been inspected by the City Engineer and the work was done
in general conformance to the approved engineering plans,
3) The "Trotwood Connector" has not been built at this time due to the
City appointed landscape architect not completing the task assigned, The
City has a Performance Letter of Credit in the amount of$76, 120,00 to
ensure completion of the "Connector", The developer has also agreed not
to sell lots 39] and 392 until after the "Connector" has been completed and
accepted by the City,
4) The City Engineer has determined that the construction cost for Unit 5
to be $872,445,95 (10% of this cost being $87,244,60),
5) The developer has submitted a maintenance bond in the amount of
$87,250.00 which exceeds the required ten percent (10%) required for a
maintenance bond,
RECOMMENDA TION:
The recommendation is that the City Commission approve the acceptance
of the water and sewer system, the reclaimed water system, the stormwater
management system, the lighting and the roads located in Winding Hollow
Unit 5 for public ownership and maintenance with the caveat that lots 391
and 392 cannot be sold until the "Trotwood Connector" has been
completed and accepted by the City,
ATTACHMENTS:
January] 2, 1999
- City Engineer Letter to Michael Todd and Mark
Evans
January ]4, 1999
- Mark Evans Letter to City Engineer
February 16, 1999
- City Engineer Letter to Michael Todd
February 22, 1999
CONSENT AGENDA ITEM C
Page 3
February 16, 1999 - City Engineer Memo to Land Development
Coordinator
February 16, 1999 - Land Development Coordinator Memo to City
Attorney
- Proposed Maintenance Bond
COMMISSION ACTION: