|
Triple Creek Village O On-Site and Off-Site Pl#5876 |
|
Accept the plat for recording for Triple Creek Village O On-Site and Off-Site, located in Section |
|
1,6, Township 31, and Range 20,21, and grant permission to the Development Review Division |
|
of Development Services Department to administratively accept the On-site and Off-site |
|
Improvement Facilities (On-site roads, drainage, water, and wastewater along with Off-site |
|
roads, drainage and sidewalks) 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 an On- |
|
site Performance Bond in the amount of $82,257.00 and an Off-site Performance Bond in the |
|
amount of $44,026.00, also an On-site Warranty Bond in the amount of $171,526.00 and an Off- |
|
site Warranty Bond in the amount of $87,505.00 and authorize the Chairman to execute the |
|
Subdivider's Agreement for Construction and Warranty of Required Improvements. Also accept |
|
a Performance Bond for Placement of Lot Corners in the amount of $8,210.00 and authorize the |
|
Chairman to execute the Subdivider’s Agreement for Performance - Placement of Lot Corners. |
|
School Concurrency was approved for based on a Developer Agreement and a payment of |
|
$340,974.00 was made on January 19, 2024. |