Item Coversheet

SEMINOLE COUNTY GOVERNMENT

COUNTY SERVICES BUILDING
1101 EAST FIRST STREET
SANFORD, FLORIDA
32771-1468

Release of Performance Bond for Preserve at Hawk's Crest

Agenda Memorandum
File Number: 2020 - 1998



Title:

Authorize release of Performance Bond #SU1149243 for roads and sewer systems, in the amount of $1,386,171.35 for Preserve at Hawk’s Crest; (Taylor Morrison of Florida, Inc., Applicant) District1 - Dallari (Danalee Petyk, Project Manager)

Division:
Planning and Development
Contact/Phone Number:
Danalee Petyk 407-665-7337
Background:

Preserve at Hawk’s Crest subdivision contains seventy-seven (77) lots on 55.61 acres zoned PD (San Pedro/Lake Howell Reserve Planned Development) and is located on the north side of Howell Branch Road.

 

Performance Bond #SU1149243 for roads and sewer systems, in the amount of $1,386,171.35, issued by Arch Insurance Company, was required in accordance with the Land Development Code of Seminole County Section 35.44 in order to ensure the completion of required improvements. 

 

The subdivision improvements have been completed and the Applicant has posted a two (2) year maintenance bond to guarantee the subdivision improvements in accordance with the Land Development Code Section 35.92 (g).
Staff Recommendation:

Recommend the Board of County Commissioners authorize release of Performance Bond #SU1149243 for roads and sewer systems, in the amount of $1,386,171.35 for Preserve at Hawk’s Crest.

ATTACHMENTS:
Description
Applicant Bond Release Request
Bond
Staff Bond Release Report