RECOMMENDATION(S):
ADOPT Resolution No. 2012/42 for Correction of Errors on Resolution No. 2012/18, January 10, 2012, for road acceptance RA 09-01245 (Bayberry View Lane, Lemonwood Court, and Chamomile Court), San Ramon (Dougherty Valley) area. (No Fiscal Impact)
FISCAL IMPACT:
No fiscal impact.
BACKGROUND:
On January 10, 2012 a resolution was placed before the Board of Supervisors accepting completion of improvements for road acceptance RA 09-01245; however, the performance/maintenance surety information in the resolution was incorrect. The correction is necessary for the surety company to reference the correct bond number and rider amount, and therefore, reduce the developer’s bond premium during the warranty/maintenance period.
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