HomeMy WebLinkAboutBond Info 06-19-13 To: Board of Public Works Date: June 19, 2013
and Safety
City of Carmel, Indiana Resolution No: BPW-06-19-13-01
Principal: PLATINUM PROPERTIES, LLC.
From: CITY ENGINEER
Surety: BOND SAFEGUARD INSURANCE COMPANY
. Board Members:
SUBDIVISION BONDS originally submitted for the SANCTUARY @ 116T" STREET, SECTION
3 Project are being released and/or replaced per the following circumstances:
ITEM Bond Number AMOUNT
EROSION CONTROL #5029245 $ 29,524.00
*To be replaced with Subdivision Performance Bond #5040912 by new guarantee
Principal Paul Shoopman Home Building Group in amount of $29,524.00
BUILDER WALKS #5029240 $ 63,775.00
*To be re-posted upon the sale/request for any new home building permits
within Section 3
EXTERIOR WALKS #5029239 $ 52,411.00
*To be re posted upon the sale/request for any new home building permits
within Section 3
The above Subdivision Bond #5029245 has been replaced with a new Subdivision
Performance Bond Guarantee by Paul Shoopman Home Building Group in said amount
of $29,524.00. The above Subdivision Bonds #5029240 and #5029239 are to be
released upon condition of new guarantees being put in place upon the sale
and/or request for any new home building permits within the Section 3 project.
I recommend these bonds be released by the Board of Public Works this date.
Approved:
2<
MICHAEL T. MCBRIDE
City Engineer
Be it resolved by the Board of Public Works and Safety, City of Carmel,
Indiana on this 15th day of June, 2013, that the listed Performance
Bonds for the SANCTUARY @ 116Th STREET, SECTION THREE Project as listed above
are hereby released and said improvement accepted by the City of Carmel,
Indiana subject to the listed conditions above.
Signed: OT fiesail (Presiding Officer)
(Member)
..0c1 (Member)
Board of Public Works and Safety