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Rose Garden Unit 3 seeks conversion from performance to maintenance bond; staff to recommend council action
Summary
Developer for Rose Garden Unit 3 Phase 3 requested converting a performance bond to a maintenance bond after infrastructure installation on Willow Lane. Town staff and the engineering reviewer prepared letters recommending release of the performance bond and acceptance of a maintenance bond for Town Council action on Feb. 18.
Staff reported that infrastructure for Rose Garden Unit 3 Phase 3 on Willow Lane is complete and the developer has requested conversion of a performance bond to a maintenance bond.
Town engineering reviewer Mr. Dykstra said he prepared two letters: one to release the current performance bond and one recommending acceptance of a maintenance bond. Staff told the commission that the planning commission’s recommendation will be forwarded to the Town Council for action on Feb. 18.
No final council action is recorded in the study session; Dykstra’s letters and the staff recommendation will form the basis for the council agenda item.
