Title:
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Lake Pearl PI#6244
Accept the plat for recording for Lake Pearl, located in Section 10, Township 27, and Range 18,
and grant permission to the Development Review Division of Development Services Department
to administratively accept the Improvement Facilities (roads, drainage, water and wastewater
along with off-site water and wastewater ext) 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 $12,831,313.00, a Warranty Bond in the
amount of $804,199.00 and authorize the Chairman to exe...
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