Title:
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Stogi Ranch Phase 1 PI#5698
Accept the plat for recording for Stogi Ranch Phase 1, located in Section 05, Township 30, and Range 20, and
grant permission to the Development Review Division of Development Services Department to administratively
accept the Improvement Facilities (roads, drainage, water and wastewater) 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
$4,965,172.81, a Warranty Bond in the amount of $236,220.33 and authorize the Chairman to execute the
Subdivider's Agr...
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