RECOMMENDATION(S):
ADOPT Resolution No. 2009/135 accepting completion of warranty period, declaring Stone Valley Road widening as a County road, and release of cash deposit under the Road Improvement Agreement, for Road Acceptance 05-01205 (cross-reference Subdivision 04-08905), for project being developed by Davidon Homes, as recommended by the Public Works Director, Alamo area. (District III)
FISCAL IMPACT:
None.
BACKGROUND:
The road improvements have met the guarantee performance standards for the warranty period following completion and acceptance of the improvements.
CONSEQUENCE OF NEGATIVE ACTION:
Stone Valley Road widening will not be declared a County road, the developer will not receive a refund of their cash deposit, the Road Improvement Agreement and performance/maintenance surety bond will not be exonerated, and the billing account will not be liquidated and closed.
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