RECOMMENDATION(S):
ADOPT Resolution No. 2016 /156 accepting completion of the warranty period for the Subdivision Agreement, and release of cash deposit for faithful performance, subdivision SD03-08689, for a project developed by Shapell Industries of Northern California, a Division of Shapell Industries, Inc., a Delaware Corporation, as recommended by the Public Works Director, San Ramon (Dougherty Valley) area. (District II)
FISCAL IMPACT:
100% Developer Fees. The funds to be released are developer fees that have been held on deposit.
BACKGROUND:
The public improvements have met the guarantee performance standards for the warranty period following completion and acceptance of the improvements.
|