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Resolution 1992-040 RESOLUTION NO. 92~ JAN 2 I 91l RESOLUTION AUTHORIZING PRELIMINARY ACCEPTANCE OF THESE ROADWAY, DRAINAGE, WATER & SEWER IMPROVEMENTS IN QUEENS PARK AT LAGO VERD~ PHASE FOUR AND ACCEPTING THE IRREVOCABLE LETTER OF CREDIT FROM THE DEVELOPER FOR MAINTENANCE OF THE ROADWAY, DRAINAGE, WATER & SEWER IMPROVEMENTS FOR A MINIMUM OF ONE YEAR. WHEREAS, the Board of County Commissioners of Collier County, Florida, on August 27, 1991, approved the plat of Queens Park at Lago Verd~, Phase Four for construction; and WHEREAS, the developer has constructed the roadway, drainage, water & sewer improvements in accordance with the approved plans and specifications and as required by the Land Development Code and the Utilities Standards and Procedures Ordinance (COllier County Ordinance No. 88-76, as amended), and WHEREAS, the developer has of the roadway and other construction security after an provided; and WHEREAS, the Compliance Services Section of the Development Services Department has inspected the roadway and other improvements and is recommending preliminary acceptance of said facilities; now requested preliminary acceptance improvements and release of his acceptable maintenance security is NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that preliminary acceptance be granted for these roadway and other improvements in Queens Park at Lago Verd2, Phase Four, upon submission and acceptance of Utilities conveyance documents by the Collier County Water-Sewer District pursuant to Collier County Ordinance No. 88-76, as amended. BE IT FURTHER RESOLVED AND ORDERED that the County accept the maintenance security in the form of an Irrevocable Letter of Credit in the amount of $17,830.00 and that the developer is responsible for the maintenance of the roadway and other improvements for a minimum period of one year as required by the Land Development Code and the Utilities Standards and Procedures Ordinance (Ordinance No. 88-76, as amended), at which time the developer must petition the Board for final acceptance. This Resolution adopted after motion, second and majority vote favoring same. DATED:, ~/.2-.. ATAEST-:' ..... : I ,. , l .... . " ( JAMES .. ... @.c \ Cha irman \ .,. , ~ :: : .. Approved as to form and legal SUfficiency: ~t1 /J n~ ~ -0_ · /.. ~~{gf{ lFR./-g Assistant Collier COl1nt:v 11++"''1'",..,0,"