RECOMMENDATION(S):
ADOPT Resolution No. 2011/23 approving reduction of performance bond amount, for Road Improvement Agreement RA 09-01245 (cross-reference Subdivision SD 07-08970), San Ramon (Dougherty Valley) area. (District III)
FISCAL IMPACT:
No Fiscal Impact.
BACKGROUND:
In accordance with provisions of AB 1460, developer has requested reduction of bond amount for improvements that have been installed but not yet accepted as complete.
CONSEQUENCE OF NEGATIVE ACTION:
Bond amount reduction will not be approved.
CHILDREN'S IMPACT STATEMENT:
Not Applicable.
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