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Title:
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Serena Ridge Warranty Bond Replacement
Accept a new agreement and financial security for Serena Ridge, located in Section 03,
Township 29, and Range 20. Development Review Division of Development Services
Department administratively accepted the Improvement Facilities (roads, drainage, water and
wastewater) for Maintenance on October 16, 2020 upon proper completion, submittal and
approval of all required documentation. Allow 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 new Warranty Bond in the
amount of$35,665.10 and authorize the Chairman to execute the new Subdivider's Agreement
for Warranty of Required Improvements.
On December 10, 2019, the Board of County Commissioners administratively accepted this
project under an agreement with Clayton Prope1iies Group, Inc and National Indemnity
Company. Since that BOCC Agenda date...
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