RECOMMENDATION(S):
ADOPT Resolution No. 2010/13 accepting completion of warranty period and release of cash deposit for faithful performance for SD 03-08714, project being developed by Windemere BLC Land Company, LLC, as recommended by the Public Works Director, San Ramon (Dougherty Valley) area.
FISCAL IMPACT:
No fiscal impact.
BACKGROUND:
The road improvements have met the guarantee performance standards for the warranty period following completion and acceptance of improvements.
CONSEQUENCE OF NEGATIVE ACTION:
The developer will not receive a refund of their cash deposit, and Subdivision Agreement and performance/maintenance surety bond will not be exonerated and the billing account closed.
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