HomeMy WebLinkAboutResolution BPW 09-06-23-08/Bond Release AMBLESIDE 1A & 1B - Paving, Common_Walk
To: Board of Public Works Date: August 28, 2023
and Safety
City of Carmel, Indiana Resolution No: BPW-09-06-23-08
From: CITY ENGINEER
Principal: Platinum Properties Management Co, LLC
Surety: Great American Insurance
Board Members:
I have conducted final inspection at Ambleside, Sections 1A & 1B for the following
improvements:
ITEM SURETY NUMBER AMOUNT
1A Paving 3740011 $26,423.00
(reduced from $137,415.00)
1A Common Area Sidewalk 3740012 $24,213.00
1B Common Area Sidewalk 4172847 $60,497.00
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
1A Paving $20,612.00
1A Common Area Sidewalk $2,421.30
1B Common Area Sidewalk $6,049.70
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 Ambleside, Sections 1A &
1B 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