Commissioners Court - Regular


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AI-11632 3.R.       
Meeting Date: 02/12/2020  
Continuation Bond Renewal for Royal Estates Unit Two Subdivision
Submitted By: Rita Martinez, Public Works
Department: Public Works  

Information
RECOMMENDATION
Approve the renewal of the Septic System Bond for The Royal Estates Unit 2 Subdivision as per Construction Agreement for the subdivision.
BACKGROUND
Mr. Gabe Lopez has had the plat of The Royal Estates Unit 2 subdivision approved by the court and filed for record. Mr. Lopez originally secured three bonds for Subdivision Construction Agreement, first bond is for Road Construction and Drainage, second bond, Water Line Installation and third bond, Septic System Installation. The Road Construction and Water Line Bonds have been previously released by the court.
DISCUSSION
Recommend approval to renew the Septic System Bond for The Royal Estates Unit 2 Subdivision. The Septic Systems have not yet been constructed, for this reason the Septic System Bond needs to be renewed for another year.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers
Attachments
Royal Designers - Bond No.1154480


    

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