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HomeMy WebLinkAboutResolution BPW 09-06-23-07/Bond Release COURTYARDS SEC 2 - STORM To: Board of Public Works Date: August 28, 2023 and Safety City of Carmel, Indiana Resolution No: BPW-09-06-23-07 From: CITY ENGINEER Principal: Epcon Communities Surety: Philadelphia Insurance Co. Board Members: I have conducted final inspection at Courtyards of Carmel, Section 2 for the following improvements: ITEM SURETY NUMBER AMOUNT Storm Sewer PB00155801647 $873,143.50 The above improvements have been inspected and are acceptable to the City of Carmel. I recommend acceptance of said improvement, subject to the following conditions: 3-year maintenance guarantees to replace the surety listed above must be submitted to replace the performance guarantee. The required maintenance guarantee amounts are as follows: ITEM AMOUNT Storm Sewer $87,314.35 APPROVED: _____________________________ Jeremy Kashman, City Engineer Be it resolved by the board of Public Works and Safety, City of Carmel, Indiana on this 6th day of September 2023, that the performance guarantee for Courtyards of Carmel, Section 2 listed above is accepted and released by the City of Carmel, Indiana subject to any conditions listed above. Signed:_____________________________(Presiding Officer) _____________________________ (Member) _____________________________ (Member) Board of Public Works and Safety DocuSign Envelope ID: DA9405C4-9096-4B13-9820-7F661D54709D