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HomeMy WebLinkAboutResolution BPW 01-11-24-11/BOND RELEASE/Courtyards of Carmel, Section 1/Sign, ROW To: Board of Public Works Date: January 2, 2024 and Safety City of Carmel, Indiana Resolution No: BPW-01-11-24-11 From: CITY ENGINEER Principal: Epcon Carmel, LLC Surety: Philadelphia Insurance Co. Board Members: I have conducted final inspection at Courtyards of Carmel, Section 1 for the following improvements: ITEM SURETY NUMBER AMOUNT Section 1 Signs PB00155801521 $2,459.30 Right of Way-Smoky Row PB00155801420 $75,693.75 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 Section 1 Signs $500.00 Right of Way-Smoky Row $7,569.37 APPROVED: _____________________________ Jeremy Kashman, City Engineer Be it resolved by the board of Public Works and Safety, City of Carmel, Indiana on this 11th day of January 2024, that the performance guarantee for Courtyards of Carmel, Section 1 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: 26D15E17-5C6F-4682-9F06-12E228FB6A23