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Fern Trail PI#6823 |
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Authorize the Development Services Department, as the administrative authority designated by |
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Resolution R25-042 to receive, review and process plat or replat submittals, to accept the |
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dedications to Hillsborough County as reflected on the attached plat for the Fern Trail, located in |
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Section 17, Township 32 and Range 20. Further authorize the Development Services |
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Department to administratively accept the Subdivision's public improvement facilities (on-site |
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roads, drainage, water & wastewater and off-site sidewalks) for maintenance upon proper |
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completion, submittal and approval of all required documentation. Also provide the |
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administrative rights to release the performance securities for construction and lot corners upon |
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final acceptance by the Development Review Division of Development Services Department and |
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also provide the administrative rights to release the warranty security upon expiration of the |
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warranty period, warranty inspection and correction of any failure, deterioration or damage to the |
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Improvement Facilities. Accept a Performance Bond in the amount of $2,493,206.38, a |
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Warranty Bond in the amount of $199,456.51 and authorize the Chairman to execute the |
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Subdivider's Agreement for Construction and Warranty of Required Improvements. Also accept |
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a Performance Bond for Placement of Lot Corners in the amount of $6,250.00 and authorize the |
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Chairman to execute the Subdivider's Agreement for Performance - Placement of Lot Corners. |
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School Concurrency was approved for this project based on a Developer Agreement and a |
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payment of $396,040.00 was made on May 15, 2025. |