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Bonner County approves partial release of Crystal View 2 surety while engineering completes final inspection
Summary
The board authorized a partial reduction of the Crystal View 2 project surety, leaving an amended letter of credit of $2,380,636.04; county engineering has received as-built submittals and compaction tests but cannot complete final on-site stormwater inspection until snow clears.
Bonner County commissioners on March 4 approved a partial release of the surety for the Crystal View 2 private-road project, authorizing an amended letter of credit that leaves $2,380,636.04 in county security.
Planning staff said the project entered a surety agreement on May 14, 2024, with a letter of credit equal to 150% of the engineer's cost estimate; the original surety amount in staff materials was $4,777,272.08. Phase 1 improvements were reported complete per engineering review dated Aug. 14, 2023, and the applicant requested release…
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