HomeMy WebLinkAboutResolution BPW 03-20-24-03/Bond Release/Albany Village/Erosion Control-Common AreaTo: Board of Public Works Date: March 12, 2024
and Safety
City of Carmel, Indiana Resolution No: BPW-03-20-24-03
I
From: CITY ENGINEER
Principal: Platinum Properties Management Co, LLC
Surety: Great American Insurance
Board Members:
I have conducted final inspection at Albany Village for the following improvements:
ITEM SURETY NUMBER AMOUNT
EROSION CONTROL-COMMON AREA 3739984 $71,030.00
The above improvements have been inspected and are acceptable to the City of Carmel.
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
EROSION CONTROL-COMMON AREA $7,103.00
APPROVED:
_____________________________
Jeremy Kashman, City Engineer
Be it resolved by the board of Public Works and Safety, City of Carmel, Indiana on this
20th day of March, 2024, that the performance guarantee for Albany Village 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: 30BD8676-E5FF-43CB-8074-C534F1849481