Title:
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Ventana Phase 4
Accept the plat for recording for Ventana Phase 4, located in Section 31, Township 3 0, and
Range 20, and grant permission to the Development Review Division of Development Services
Department to administratively accept the Improvement Facilities (roads, drainage, water
wastewater and off-site roadway and utilities) 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 $2,299,314.13, a Warranty Bond in the
amount of $183,945.13, and authorize the Chairman to execute the Su...
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