File #: 06-1778    Version: 1
Type: Agenda Item Status: Approved
File created: 11/6/2006 In control: Board of Supervisors
On agenda: 11/14/2006 Final action: 11/14/2006
Title: Transportation Department recommending the following pertaining to The Promontory Lot N (TM 02-1382) : (1) Accept Subdivision Improvements as complete; (2) Hold Maintenance Bond 567766S in the amount of $44,167 to guarantee against any defective work, labor done, or defective materials furnished and release one year after acceptance, if there are no defects or warrantee claims made; and (3) Hold Laborers and Materialmens Bond 567766S in the amount of $220,838 to guarantee payment to persons furnishing labor, materials or equipment and release in six months after acceptance, if no claims are made. RECOMMENDED ACTION: Approve.
Attachments: 1. Promontory Lot N documents.pdf
Title
Transportation Department recommending the following pertaining to The Promontory Lot N (TM 02-1382) :
(1)      Accept Subdivision Improvements as complete;
(2)      Hold Maintenance Bond 567766S in the amount of $44,167 to guarantee against any defective work, labor done, or defective materials furnished and release one year after acceptance, if there are no defects or warrantee claims made; and
(3)      Hold Laborers and Materialmens Bond 567766S in the amount of $220,838 to guarantee payment to persons furnishing labor, materials or equipment and release in six months after acceptance, if no claims are made.
RECOMMENDED ACTION: Approve.