|
Interstate 4 Distribution Center Off-Site Bond Replacement |
|
Accept a new agreement and financial security for Interstate 4 Distribution Center Off-Site, |
|
located in Section 27, Township 28, and Range 20, and grant permission to the Development |
|
Review Division of Development Services Department to administratively accept the |
|
Improvement Facilities (turnlane) for Maintenance upon proper completion, submittal and |
|
approval of all required documentation, and construction final acceptance by the Development |
|
Review Division of Development Services Department, and 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$13,653.93 and authorize the Chairman to execute the Owner Developer |
|
Agreement for Warranty of Required Off-Site Improvements. |
|
On December 8, 2020, the Board of County Commissioners administratively accepted this |
|
project under an agreement with USRLP I-4 Tampa, LLC and Travelers Casualty and Surety |
|
Company of America. Since that BOCC Agenda date the owner has changed to The Realty |
|
Associates Fund XII Portfolio, L.P. and a new agreement and financial Bond from Fidelity and |
|
Deposit Company of Maryland have been issued. Upon acceptance of the above agreement and |
|
financial security, the previous owners, bond is to be released, The new developer is The Realty |
|
Associates Fund XII Portfolio, L.P. |