RECOMMENDATION(S):
ADOPT Resolution No. 2015/7 accepting completion of the warranty period for the Subdivision Agreement (Right-of-Way Landscaping) and release of cash deposit for faithful performance for park acceptance PA05-00025 (cross-reference SD05-08957), for a project developed by Windemere BLC Land Company, LLC, as recommended by the Public Works Director, San Ramon (Dougherty Valley) area. (District II)
FISCAL IMPACT:
No fiscal impact to County funds. The funds to be released are developer fees that have been held on deposit.
BACKGROUND:
The landscape improvements have met the guaranteed performance standards for the warranty period following completion and acceptance of improvements.
CONSEQUENCE OF NEGATIVE ACTION:
The developer will not receive a refund of his cash deposit, the Subdivision Agreement (Right-of-Way Landscaping) and performance/maintenance surety bond will not be exonerated, and the billing account will not be liquidated and closed.
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