https://eldorado.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4160627&GUID=5D62B86E-4A60-46E5-A714-0597C268E1B3Legistar15https://eldorado.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4160627&GUID=5D62B86E-4A60-46E5-A714-0597C268E1B35D62B86E-4A60-46E5-A714-0597C268E1B3-2020-09-03-22-39-59Title: Department of Transportation recommending the Board consider the following: 1) Accept the subdivision improvements for Promontory Village Center Lot 8, TM 13-1513, as complete; and 2) Hold Performance Bond with Rider SUR23100054 in the amount of $662,628.54 which is to be released after one (1) year if no claims are made; this amount guarantees against any defective work, labor done, or defective materials furnished; and 3) Hold Laborers & Materialmens Bond SUR23100054 in the amount of $3,813,974.84 for six (6) months to guarantee payments to persons furnishing labor, materials, or equipment; and 4) Authorize the Clerk of the Board to release the respective Bonds after the required time periods. FUNDING: Developer Funded.Thu, 03 Sep 2020 22:39:59 GMT