Agendas, Recaps, & Minutes

File #: 2024-0020   
Type: Consent Agenda Status: Passed
In control: BOCC Land Use
On agenda: 1/9/2024 Final action: 1/9/2024
Title: Car Guys - Valrico Off-Site Pl# 4727 Approve the Amendment to the Owner/Developer's Agreement for Warranty of Required Off? Site Improvements for the Car Guys Valrico site development project located in Section 29, Township 29, and Range 21 and accept a Rider to Warranty Bond #1002068 to increase the principal amount of the Warranty Bond from $12,379 to $13,520. The County and the Owner/Developer, DMI Nebraska, LLC, entered into an Agreement for Warranty of Required Off-Site Improvements for the Car Guys Valrico site development project on September 12, 2023. Pursuant to that Agreement, the County accepted warranty bond # 1002068 in the amount of $12,379 to guarantee the off-site water and wastewater improvements against defects in workmanship and materials for a period of two years. Since acceptance of the warranty bond, it has been determined that the amount of the warranty bond should be increased to reflect the final construction cost of the project. The Amendment to the Agreement ...
Attachments: 1. Car Cuys Valrico Off-Site

title

Car Guys - Valrico Off-Site Pl# 4727

Approve the Amendment to the Owner/Developer's Agreement for Warranty of Required Off-

Site Improvements for the Car Guys Valrico site development project located in Section 29,

Township 29, and Range 21 and accept a Rider to Warranty Bond #1002068 to increase the

principal amount of the Warranty Bond from $12,379 to $13,520. The County and the

Owner/Developer, DMI Nebraska, LLC, entered into an Agreement for Warranty of Required

Off-Site Improvements for the Car Guys Valrico site development project on September 12,

2023. Pursuant to that Agreement, the County accepted warranty bond # 1002068 in the amount

of $12,379 to guarantee the off-site water and wastewater improvements against defects in

workmanship and materials for a period of two years. Since acceptance of the warranty bond, it

has been determined that the amount of the warranty bond should be increased to reflect the final

construction cost of the project. The Amendment to the Agreement acknowledges the increase

in construction costs and provides for acceptance of the Rider increasing the bond principal

amount to $13,520. All other terms and conditions of the Agreement and the Warranty Bond

remain in force and effect.