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Type:
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Consent Agenda
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Status:
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Passed
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On agenda:
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4/9/2024
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Final action:
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4/9/2024
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Title:
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West Lake Phase 1 On-Site and Off-Site PI#6289
Accept the plat for recording for West Lake Phase 1, located in Section 16, Township 32, and
Range 20, and grant permission to the Development Review Division of Development Services
Department to administratively accept the On-site and Off-Site 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 $21,426,210.85, a Warranty Bond in the
amount of $1,390,029.84 and authorize the C...
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title
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West Lake Phase 1 On-Site and Off-Site PI#6289 |
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Accept the plat for recording for West Lake Phase 1, located in Section 16, Township 32, and |
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Range 20, and grant permission to the Development Review Division of Development Services |
|
Department to administratively accept the On-site and Off-Site 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 |
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performance securities for construction and lot corners upon final acceptance by the |
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Development Review Division of Development Services Department and also provide the |
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administrative rights to release the warranty security upon expiration of the warranty period, |
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warranty inspection and correction of any failure, deterioration or damage to the Improvement |
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Facilities. Accept a Performance Bond in the amount of $21,426,210.85, a Warranty Bond in the |
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amount of $1,390,029.84 and authorize the Chairman to execute the Subdivider's Agreement for |
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Construction and Warranty of Required Improvements. Also accept a Performance Bond for |
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Placement of Lot Corners in the amount of $13,125.00 and authorize the Chairman to execute |
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the Subdivider’s Agreement for Performance - Placement of Lot Corners. |
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School Concurrency was approved for this project based on a Developer Agreement and a |
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payment of $1,359,170.00 was made on February 28, 2024. |
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