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Council releases maintenance bonds, accepts Magnolia Trace streets and declares surplus property

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Summary

Council approved release of maintenance bonds and accepted streets in Magnolia Trace Phases 1–3 for public maintenance, and declared various low-value assets and a 2019 police vehicle surplus ahead of an audit; all motions passed 3–0.

The Holly Springs City Council voted unanimously to release maintenance bonds for Magnolia Trace Subdivision, accept streets in the subdivision for public maintenance, and declare a list of low-value assets surplus.

Planning staff told the council that maintenance bonds for Magnolia Trace Phase 2 and Phase 3 had satisfied requirements and recommended their release. The council approved the bond releases by voice vote (recorded as "Motion passes 3 0").

Staff also recommended a resolution to accept the streets in Magnolia Trace Phases 1–3 into the city's public-maintenance program; the packet included linear-footage details for each phase. Council approved the street-acceptance resolution 3–0.

A separate staff report listed items proposed for surplus, including a 2019 Dodge Charger police vehicle, a public-works trailer and several pages of low-dollar machinery and equipment that predate the current asset-tracking system. Staff said many items lacked serial numbers and are below the $5,000 capital threshold; the surplus process will help clean up the capital asset list before an audit. The council approved the surplus declaration by voice vote, 3–0.

The council did not record individual votes by name in the transcript; each motion was recorded as passing 3–0. The actions require routine administrative follow-up in public-works and finance to complete paperwork and, where applicable, transfer maintenance responsibility to the city.